Deals
ERG Rises on $1.1 Billion Deal for GDF Suez Assets: Milan Mover
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ERG SpA surged the most in six months in Milan trading after agreeing to buy wind-energy assets from GDF Suez SA, striking a 859 million-euro ($1.1 billion) deal that makes it Italy’s largest wind-power producer.
The shares rose as much as 7.1 percent, the biggest gain since May 25, and traded up 5.6 percent at 5.90 euros as of 2:54 p.m. local time.