Italy's Eni to Finalize Sale of Enilive Stake by End of Year, CEO Says

Reported about 1 year ago

Italian energy company Eni is expected to conclude the sale of a minority stake in its biofuel subsidiary Enilive by the end of 2024, according to CEO Claudio Descalzi. The sale, which could generate around 1.3 billion euros from stakes in both Enilive and bioplastic unit Novamont, is progressing well with accelerated talks, aiming for completion by the end of the year.

Source: YAHOO

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