Eni in talks to sell Plenitude stake to Ares Management for up to $2.3B

1 month ago 5

• Energy

Aliaksandr Litviniuk/iStock Editorial via Getty Images

Eni (NYSE:E) said Thursday it has entered exclusive talks with investment firm Ares Management's (ARES) alternative credit unit to sell a 20% stake in its Plenitude renewable and retail business for as much as €2.04B (~$2.28B).

Eni (NYSE:E) said

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