Athena's board of directors has reviewed and analyzed offers from Ardian Infrastructure and Glennmont to take over a number of Athena's wind and solar facilities in Italy and Spain for EUR 90.9 million. The board recommends that shareholders vote in favor of the sales at a coming extraordinary general meeting (EGM), according to a stock exchange notice on Monday.
"Based on the analysis described above, the board of directors concluded that the price is fair, from a financial point of view, and recommends the shareholders to vote in favor of the acceptance of the offers," writes the company in the conclusion to the statement.
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