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Eni Signs Agreement With Ares Management To Sell 20% Stake In Unit Plenitude For EUR 2 Bln

ReutersJun 23, 2025 5:36 AM

- Eni SpA ENI.MI:

  • ENI SIGNS EUR 2 BILLION AGREEMENT FOR ARES MANAGEMENT ALTERNATIVE CREDIT FUNDS TO ENTER PLENITUDE’S SHARE CAPITAL

  • BUYER OF 20% STAKE IS ARES MANAGEMENT CORPORATION

  • TRANSACTION IS BASED ON AN EQUITY VALUE OF PLENITUDE OF 10 BILLION EUROS, CORRESPONDING TO AN ENTERPRISE VALUE OF MORE THAN 12 BILLION EUROS

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