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Eni: may sell 20% of its Enilive division

(CercleFinance.com) - Eni could sell 20% of its stake in its Enilive division, which brings together all its green mobility activities (biorefinery, biomethane, intelligent mobility solutions and Enjoy vehicle sharing), Bloomberg reports today.


The entire business would be valued at around 10 billion euros, according to the news agency. The company has reportedly called in advisors to carry out this operation.

The Italian energy group has received expressions of interest in this division from several potential suitors, according to people interviewed by Bloomberg.

Also according to these people, discussions concerning the sale of the holdings are only at an early stage, and ENI is evaluating other options. The Group has not responded to these rumors, Invest Securities says.


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