Hera S.p.A. (BIT: HER) agreed to acquire business unit operating in 3 municipalities from Consorzio Intercomunale Metanizzazione Alto Frignano from Promuovi S.r.l and mountain community of Fiumalbo on May 17, 2011. The transaction is subject to the obtainment of the authorization to the taking over of Hera to CIMAF in the contract of loan for use, pertaining to a gas pressure reduction station, by Promuovi S.r.l. The transaction was approved by the antitrust authority. Hera S.p.A. (BIT: HER) cancelled the acquisition of business unit operating in 3 municipalities Consorzio Intercomunale Metanizzazione Alto Frignano from Promuovi S.r.l and mountain community of Fiumalbo on May 17, 2012.