2i Rete Gas aiming for autumn Milan listing, F2i CEO says
ROME, May 9 (Reuters) - Italy's second-largest gas distributor 2i Rete Gas is aiming to list on the Milan stock exchange in the autumn, the CEO of Italian infrastructure fund F2i, which controls 2i Rete Gas, said on Thursday.
Asked at an event in Rome about Italgas' potential interest in buying smaller rival 2i Rete Gas, Renato Ravanelli said that "for the time being, the path remains that of a listing".
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The Corriere della Sera reported last month that Italgas, Europe's biggest gas distributor, had made a preliminary offer worth 4-5 billion euros ($4.3-5.4 billion) for 2i Rete Gas.
2i Rete Gas announced its intention to list on Milan's bourse in February. Including debt, the company could be worth up to 5 billion euros, three sources familiar with the matter told Reuters.
F2i has a 64% stake in 2i Rete Gas. Dutch pension fund APG and buyout group Ardian together hold the remaining 36.1%.
($1 = 0.9324 euros)
(Reporting by Matteo Negri, additional reporting by Elisa Anzolin and Francesca Landini in Milan, writing by Francesca Piscioneri, editing by Alvise Armellini and Mark Potter)