(Alliance News) - Servizi Italia Spa has announced that it has renounced its acquisition of Steris Spa's business unit deputed to decontamination and sterilization services.

The company informed Steris on Wednesday "that it has availed itself of its contractually agreed right to discretely withdraw from the transaction as a result of the company's interest in its completion having ceased to exist, without giving rise to any compensation or reimbursement in favor of Steris."

Servizi Italia closed Wednesday in the red by 0.3 percent at EUR1.89 per share.

By Chiara Bruschi, Alliance News reporter

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