ENI S.p.A. (IT:ENI) has released an update.
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Eni has reached an agreement with KKR, allowing the investment firm to acquire a 25% stake in Enilive’s share capital for €2.938 billion. This strategic move is set to enhance Eni’s capital structure while supporting Enilive’s growth in the energy transition sector. The collaboration aims to leverage Eni’s expertise in high-growth energy businesses and KKR’s investment acumen.
For further insights into IT:ENI stock, check out TipRanks’ Stock Analysis page.