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TERNA completes acquisition of Societa Elettrica Ferroviaria

TERNA - Rete Elettrica Nazionale SpA on Dec. 23 closed its deal to acquire Societa Elettrica Ferroviaria for a transaction value of €757.0 million.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Banca d'Intermediazione Mobiliare IMI SpA and UniCredit SpA (BIT:UCG) were the financial advisers for TERNA.