Eni in early talks to acquire Neptune Energy for $5B-$6B, Reuters reports

Eni (E) is in preliminary discussions to acquire oil and gas producer Neptune Energy for roughly $5B-$6B, Reuters’ Shadia Nasralla reports, citing a source with knowledge of the matter. No official offer for the business has been submitted, the author notes. Neptune is backed by private equity firms CIC, Carlyle (CG), and CVC Capital, the author says. Reference Link