Energy
Italy’s Eni Looks to Sell Up to 49% of Biomethane Unit
- Natixis reportedly hired to search for potential suitors
- Italian energy giant is in midst of a reorganization effort
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Eni Spa has hired the French investment bank Natixis SA to search for investors interested in buying a minority stake in Enibioch4in Spa, its biomethane operation, Corriere della Sera reported.
The Italian energy giant is planning to sell as much as 49% of the division, yet it’s too early for an evaluation and negotiations haven’t started with potential suitors, the Italian newspaper reported without saying where it got the information.