BRIEF-Eni Signs Agreement With Ares Management To Sell 20% Stake In Unit Plenitude For EUR 2 Bln-March 2024-www.financetom.com

BRIEF-Eni Signs Agreement With Ares Management To Sell 20% Stake In Unit Plenitude For EUR 2 Bln

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BRIEF-Eni Signs Agreement With Ares Management To Sell 20% Stake In Unit Plenitude For EUR 2 Bln

Jun 22, 2025 10:56 PM

June 23 (Reuters) - Eni SpA ( E ):

* ENI SIGNS EUR 2 BILLION AGREEMENT FOR ARES MANAGEMENT

ALTERNATIVE CREDIT FUNDS TO ENTER PLENITUDE'S SHARE CAPITAL

* BUYER OF 20% STAKE IS ARES MANAGEMENT CORPORATION

* TRANSACTION IS BASED ON AN EQUITY VALUE OF PLENITUDE OF 10

BILLION EUROS, CORRESPONDING TO AN ENTERPRISE VALUE OF MORE THAN

12 BILLION EUROS

Further company coverage:

(Gdansk Newsroom)

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