Telecom Italia has received a 10.8 billion euro approach from U.S. fund KKR aimed at taking Italy s biggest phone group private, the company said on Sunday.. | November 22, 2021
Message :
Required fields
MILAN (Reuters) - Italgas will pay a fatter dividend after core earnings last year rose despite the health pandemic and a tougher regulatory framework for gas distribution.
Italy s biggest gas distributor said it would pay a dividend on 2020 results of 0.277 euros per share, up 8.2% on the year, as adjusted core earnings rose 7% to 971.4 million euros ($1.16 billion).
Adjusted net profit for the year rose 3.5% to 364 million euros. (Reporting by Stephen Jewkes; editing by Agnieszka Flak)