Eni completes $4.4bn Snam sale

摘要

Italy's Eni has completed the sale of a 30% less one share stake in its gas network operator Snam to Italy's state-run lender Cassa Depositi e Prestiti for €3.52 ($4.36) billion. The deal, first announced in May, is required to placate antitrust regulators and will see Eni become a more upstream-focused business with lower debts and greater financial muscle to pursue growth.