Italian energy company Eni announced today that it has signed an exclusivity agreement with alternative asset and private equity investor KKR to advance the potential sale of a 20% – 25% stake of Eni’s mobility transformation and biofuels-focused business, Enilive.
The potential transaction would value Enilive at between €11.5 billion and €12.5 billion (USD$12.5 – $13.6 billion).
Content retrieved from: https://www.esgtoday.com/eni-in-talks-to-sell-stake-in-mobility-transformation-unit-to-kkr-at-up-to-13-5-billion-valuation/.
