At the capital markets day on 29 June 2016, Snam provided the much-awaited details of the spin-off structure of its gas distribution business (Italgas), and it also provided the parameters for the 2016-20 period. The Italgas separation will be performed through a partial and proportional demerger, resulting in the listing of ITG Holding, a company 13.5% owned by Italgas, 26% by the Italian public financial institution (Cassa Depositi e Presiti “CDP”), with the remaining 60.5% as f
