Eni Mulls Sale of 20% Stake in Biorefining Unit, Bloomberg Reports
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Dow Jones
--Italian oil-and-gas company Eni is exploring a sale of a 20% stake in its biorefining unit Enilive after getting expressions of interest from potential bidders, Bloomberg reports citing unnamed sources.
-- Talks are at an early stage, with the company still assessing options for the unit, which it values at around 10 billion euro ($10.82 billion), Bloomberg reports.
--Eni didn't immediately respond on a request for comment.
Full story: https://tinyurl.com/ysmbs9eu
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
May 23, 2024 04:22 ET (08:22 GMT)
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