Eni sells 10% of Saipem

Capt. John

Italian oil and gas company Eni has offloaded a 10% stake it owns in compatriot offshore engineering and construction giant Saipem. The shares sale resulted in Eni banking about €393m ($422.5m) from the Milan-listed Saipem at a price of €1.97 per share. Before the sale Eni held approximately 31.19%...

https://splash247.com/eni-sells-10-of-saipem/

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