tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eni extends talks with investors on potential Plenitude stake sale, Reuters says

Integrated energy company Eni has extended conversations with potential investors over a sale of a minority stake in Plenitude, its renewables and retail business, three sources with knowledge of the matter said on Wednesday, according to Francesca Landini and Ron Bousso of Reuters. “Two of the sources said that Eni is working on a disposal of between 5% and 15% of Plenitude and could even do a deal before Italy’s summer break, which is normally in August,” noted Reuters.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on E:

Disclaimer & DisclosureReport an Issue

1