financetom
Business
financetom
/
Business
/
Market Chatter: Eni Gets Approached by Suitors for Second Stake Sale in Enilive Unit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Eni Gets Approached by Suitors for Second Stake Sale in Enilive Unit
Sep 26, 2024 10:13 AM

12:57 PM EDT, 09/26/2024 (MT Newswires) -- Eni (E) has been contacted by suitors for a potential sale of a second stake in its Enilive biofuel unit as the Italian company finalizes the details of a deal to sell an interest in the unit to US investment firm KKR (KKR), Reuters reported Thursday, citing two sources.

One of the suitors that approached Eni about the possibility of another Enilive stake sale was New York-based investment firm Stonepeak, according to the report.

Talks with KKR about a potential purchase of a stake in Enilive could have a successful conclusion in the next two or three weeks, Reuters reported, citing three sources, one of whom said KKR would likely buy a 20% interest in the unit.

Eni, KKR and Stonepeak didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 30.36, Change: -0.55, Percent Change: -1.77

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TORM Q3 Earnings, Time Charter Equivalent Earnings Fall
TORM Q3 Earnings, Time Charter Equivalent Earnings Fall
Nov 6, 2025
04:10 AM EST, 11/06/2025 (MT Newswires) -- TORM ( TRMD ) reported Q3 earnings Thursday of $0.79 per basic share, down from $1.38 a year earlier. Analysts polled by FactSet expected $0.82. Time charter equivalent earnings for the quarter were $236.4 million, down from $263.4 million a year earlier Analysts surveyed by FactSet expected $233.3 million. ...
Germany financial watchdog slaps JPMorgan with 45 million euro fine
Germany financial watchdog slaps JPMorgan with 45 million euro fine
Nov 6, 2025
BERLIN (Reuters) -Germany's financial watchdog BaFin said on Thursday it had imposed a fine of 45 million euros ($52.5 million) on Frankfurt-based JPMorgan SE for deficiencies in money-laundering prevention. BaFin said that JPMorgan ( JPM ) had systematically filed so-called suspicious activity reports late in the period from October 2021 though September 2022. The fine relates to historical findings and...
Diageo Fiscal Q1 Net Sales Fall
Diageo Fiscal Q1 Net Sales Fall
Nov 6, 2025
04:14 AM EST, 11/06/2025 (MT Newswires) -- Diageo ( DEO ) reported fiscal Q1 net sales Thursday of $4.88 billion, down from $4.99 billion a year earlier. Three analysts polled by FactSet expected $4.80 billion. For fiscal 2026, the company said it expects net sales growth to be flat to slightly down. Analysts surveyed by FactSet expect $20.18 billion. Shares...
Hecla Mining Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Hecla Mining Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Nov 6, 2025
04:10 AM EST, 11/06/2025 (MT Newswires) -- Hecla Mining ( HL ) reported Q3 adjusted earnings late Wednesday of $0.12 per diluted share, up from $0.03 a year earlier. Analysts polled by FactSet expected $0.10. Sales for the quarter ended Sept. 30 were $409.5 million, compared with $245.1 million a year earlier. Three analysts surveyed by FactSet expected $295 million....
Copyright 2023-2026 - www.financetom.com All Rights Reserved