Snam working on 4 bln euro refinancing as part of Italgas spinoff -sources

MILAN/LONDON, June 15 (Reuters) - Italy's Snam, one

of Europe's biggest gas pipeline operators, is looking to lift

about 4 billion euros ($4.5 billion) off its balance sheet as

part of plans to spin off its domestic gas business, sources

familiar with the matter said.

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