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Eni Seeks 4.7 Billion Euros for Its Galp Stake, Economico Says

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Dec. 30 (Bloomberg) -- Eni SpA is asking 4.7 billion euros ($6.2 billion), or 17 euros a share, for its 33.34 percent stake in Portuguese oil-and-gas company Galp Energia SGPS SA, Diario Economico reported, without saying where it got the information. A spokesman for the Italian company declined to comment on that figure, the newspaper said.

Eni is discussing the sale of the stake to Petroleo Brasileiro SA, Diario said.

Link to Company News:{ENI IM <Equity> CN <GO>} Link to Company News:{GALP PL <Equity> CN <GO>} Link to Company News:{PETR4 BZ <Equity> CN <GO>}

To contact the editor responsible for this story: Jim Silver at jsilver@bloomberg.net

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