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Eni Sells 6.7% of Galp for EUR677.6M

Eni Sells 6.7% of Galp for EUR677.6M
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Παρ, 31 Μαΐου 2013 - 17:51
Italian energy giant Eni SpA (ENI.MI) Friday said it had sold 6.7% of smaller Portuguese peer Galp Energia SGPS SA (GALP.LB) for 677.6 million euros ($883.1 million).
Italian energy giant Eni SpA (ENI.MI) Friday said it had sold 6.7% of smaller Portuguese peer Galp Energia SGPS SA (GALP.LB) for 677.6 million euros ($883.1 million).

Eni said in a statement it had sold 55.5 million shares at EUR12.22 apiece to institutional investors.

It said it held a remaining 16.43% stake.

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