ENI S.p.A. (IT:ENI) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
