Italian energy company Eni is reportedly in discussions to sell a second stake in its biofuel unit, Enilive. Sources indicate that Eni is expected to sign a deal with KKR for the sale of this stake within the next 2-3 weeks. This development follows interest from various funds in acquiring a second biofuel stake in Enilive. The move is part of Eni's broader strategy to expand its presence in the biofuels sector, sources say.
Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say #oott https://t.co/g9p1mfEgsj
⚠ ITALY'S ENI EXPECTED TO SIGN DEAL WITH KKR FOR SALE OF STAKE IN ENILIVE IN THE NEXT 2-3 WEEKS, SOURCES SAY **SUITORS HAVE APPROACHED ENI OVER POTENTIAL SALE OF ANOTHER STAKE IN BIOFUEL UNIT ENILIVE, SOURCES SAY
🔵 EXCLUSIVE-FUNDS APPROACH ENI FOR SECOND BIOFUEL STAKE SALE AS IT READIES DEAL WITH KKR, SOURCES SAY Full Story → https://t.co/TlIkN94HOD (Reuters) - Suitors have approached Eni over the potential sale of a second stake in its biofuel unit Enilive as the Italian group… https://t.co/Cozl9v8NOW