2i Rete Gas SpA sent an expression of interest to acquire Infrastrutture Distribuzione Gas S.P.A. from Edison S.p.A. (BIT:EDNR) on September 8, 2020. Edison has granted 2i Rete Gas an exclusive right for the due diligence activities preparatory to the signing of the possible binding agreement until November 20, 2020. 2i Rete Gas SpA signed an agreement to acquire Infrastrutture Distribuzione Gas S.P.A. from Edison S.p.A. for €150 million on January 14, 2021. The transaction is subject to regulatory approvals and antitrust approval. The transaction is expected to close by April, 2021. Carl Bassili, Mirko Papa and Michele Losio of SG Corporate & Investment Banking acted as financial advisor to Edison in the transaction.