(Alliance News) - Italgas Spa announced Thursday that it has completed corporate simplification related to its operational presence in Greece.

In fact, the merger by incorporation into DEDA - Public Gas Distribution Company SA - of EDA Thess and EDA Attikis, companies of Italgas Group's Depa Infrastructure group, has been completed.

As a result of the merger, DEDA is entrusted with the development and management of gas distribution service in all areas of Greece where the Depa Infrastructure group operates; the company currently operates about 7,700 km of network and more than half a million customers.

Following the merger, the DEDA shareholders' meeting renewed the board of directors and appointed Alessandro Menna as the company's chairman.

Subsequently, the board appointed Francesca Zanninotti as chief executive officer.

Italgas trades in the green by 0.3 percent at EUR4.83 per share.

By Claudia Cavaliere, Alliance News reporter

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