Eni approves Snam stake sale to CDP

摘要

a 30pc stake in Italian transmission system operator Snam to Italian state- controlled bank Cassa Depositi e Prestiti (CDP). Eni must sell its entire 52.5pc stake in Snam in order to comply with a decree issued by the Italian Ministry of Economic Development on 25 May. The decree means that a substantial stake in the system operator will remain in Italian hands. CDP uses Italian savings to pro- vide “financing to strategic sectors”.