A2A A2A Spa

MILAN (MF-Dow Jones)--The advisor of Italian utility Edison SpA (EDN.MI) said Thursday that his study of the company's assets will be ready for the board meeting of March 14, and that the Milan-based company could evaluate possible impairments on its gas assets.

Maurizio Dallocchio, Edison's advisor, was speaking on the sidelines of a conference in Milan.

A person familiar with the situation Tuesday said that French state-controlled power group Electricite de France SA (EDF.FR) and Italy's A2A (A2A.MI), both major shareholders in Edison, are considering three options for Edison including an industrial reorganization of the company, but the two parties are not yet close to a deal.

-By Oscar Bodini and Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@dowjones.com