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Eni Sale of Snam Involves Cassa Depositi, Passera Tells Il Sole

Talks on Eni SpA’s forced sale of its half of Italian gas distributor Snam Rete Gas SpA involves state-controlled lender Cassa Depositi e Prestiti, Il Sole 24 Ore said, citing an interview with Development Minister Corrado Passera published today.

Passera said Cassa Depositi has a role in the talks because it’s an Eni shareholder, without elaborating on whether the lender is a possible buyer, according to the newspaper.

Separately, Passera told Il Sole that Italy’s government may invest in a broadband Internet project that doesn’t involve Telecom Italia SpA, the country’s largest phone company.

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