64
The Italian government is planning to sell up to 4% of Eni after the oil company completes its buyback plan, expiring in April, so it can collect around 2 billion euros and reduce its debt, Bloomberg reports citing sources close to the matter. In one of the latest conference calls, Eni’s management announced that it wanted to bring forward the closing of the purchase of its own shares with respect to the April 2024 deadline. No comment from the Ministry of Finance. Privatizations amounting to around 1% of GDP are one of Nadef’s multi-year objectives.