Eni studies enhancement in the R + R business: possible sale of minority stake (analysts)

According to MF, some Middle Eastern sovereign funds would be interested in purchasing a minority stake in ENI’s Retail + Renewables segment. Last April, Eni announced that it wanted to enhance its stake in the R + R business through some strategic options that included the IPO or the sale of a minority stake. According to MF, it would move towards a dual track process. According to Equita, the `valorisation` through the sale of a minority stake (in particular the IPO) could create value for the high level of capex in the` energy transition` projects.