Tag: KKR

Another suitor steps up seeking minority share of EniLive

Another suitor steps up seeking minority share of EniLive

September 26, 2024 |

In Italy, Reuters reports that following a first deal to sell up to a quarter of its EniLive biofuels business to KKR, inquiries have been made by another potential suitor about buying up another piece of the company, which observers say is an indication of the market’s faith in Eni’s strategy to spin out its […]

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ENI signs agreement with KKR for the potential sale of a minority stake in Enilive

ENI signs agreement with KKR for the potential sale of a minority stake in Enilive

July 28, 2024 |

In Italy, Eni said it has signed a temporary exclusivity agreement with KKR, a global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in its biofuels unit Enilive, based on a valuation of the company between $12.5 […]

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