Eni: KKR acquires a 25% stake in Enilive
(CercleFinance.com) - Eni announces an agreement with KKR, which will take a 25% stake in Enilive for E2.
93bn.
This includes a capital increase of E500m reserved for KKR and the purchase of Enilive shares for E2.43bn, corresponding to a post-money valuation of E11.75bn.
Eni will also make a capital increase of E500m to guarantee a debt-free company.
Eni said that the agreement marked an important step in Eni's energy transition strategy.
The transaction's closing is subject to the usual legal approvals.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
93bn.
This includes a capital increase of E500m reserved for KKR and the purchase of Enilive shares for E2.43bn, corresponding to a post-money valuation of E11.75bn.
Eni will also make a capital increase of E500m to guarantee a debt-free company.
Eni said that the agreement marked an important step in Eni's energy transition strategy.
The transaction's closing is subject to the usual legal approvals.
Copyright (c) 2024 CercleFinance.com. All rights reserved.