The Fly

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

Published first on TheFly

See the top stocks recommended by analysts >>

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More