03:22 PM EDT, 05/15/2024 (MT Newswires) -- Italy's government launched Wednesday an accelerated bookbuilding procedure to sell a 2.8% stake in oil giant Eni (E).

The government has tapped Goldman Sachs International, Jefferies and UBS Europe as joint global coordinators and joint bookrunners for market placement of the shares, according to a government statement.

The final terms of the transaction will be announced after the placement is completed, it said.

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