ENN Energy, a Chinese gas distribution company listed in Hong Kong, has received a buyout offer valued at $11.6 billion from its major holder, ENN Group. This acquisition proposal comes as ENN Group seeks to take the company private. The offer has garnered attention in the market, highlighting the strategic moves within the energy sector. In related news, activist investor Carl Icahn reported the open market sale of 2.1 million shares of Southwest Gas Holdings at a price of $74.6 per share on March 24, according to SEC filings. Additionally, Vivopower is in negotiations with Energi for a potential $120 million takeover, with Energi reporting revenues of $1 billion. Icahn's firm also disclosed ownership of 27,464,740 shares of another company, valued at $755 million, indicating his continued influence in the market.