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Eni (E) CEO Confirms Enilive Stake Sale Completion by 2024 End
EEni(E) ZACKS·2024-06-25 12:50

Accelerating Plans for Enilive Strategic Realignment and Investment Descalzi elaborated that when the strategy was announced in March, the company was expecting to close the deal a little further ahead, but he now sees that there's a good chance of doing so by the end of this year, using the same approach as in the case of Plenitude. The planned sale of Enilive's minority stake is expected to attract substantial interest from investors looking to capitalize on the growing biofuel market. This move aligns wi ...