KKR to take 25% stake in Eni biofuel unit

KKR to buy 25% stake in Eni’s biofuel business Enilive
US fund KKR has signed an agreement to acquire a 25% stake in Italian energy giant Eni's biofuel subsidiary, Enilive, for a consideration of €2.93bn ($3.17bn).
Ares, Banks to Fund KKR’s Buyout of Minority Stake in Eni Unit
Ares Management Corp. and a group of banks is funding KKR & Co.’s buyout of a minority stake in Italy’s Enilive.
KKR to take 25% stake in Eni biofuel unit, valuing it at $13 billion
U.S. fund KKR is buying a 25% stake in Italian energy group Eni's biofuel business Enilive, in a deal that values the unit at 11.75 billion euros ($12.7 billion) including debt. KKR's 2.94 billion euro purchase improves Eni's financial position while ensuring it retains control of Enilive,
KKR to take 25% stake in Eni biofuel unit in $3.17B deal
Eni (NYSE:E) said Thursday it agreed to sell a 25% stake in its Enilive biorefining company Enilive to KKR (KKR) for €2.94B (~$3.17B), giving the division a valuation of €11.75B, and will inject €500M into the unit to make it debt-free.
Eni to Restructure, Inject New Capital into Biofuel and Chemical Units
The financial and operational restructuring for Enilive and Versalis involves new capital for both units and a farm-out of a quarter of Enilive's equity.
KKR Acquires 25% Stake In Enilive, Supporting Eni's Push For Energy Transition
Eni & KKR shares up premarket as KKR acquires 25% stake in Enilive for $3.172B, improving Eni's capital structure and supporting energy transition.
KKR to take 25% stake in Eni’s €12bn biorefining business
KKR’s infrastructure arm is acquiring a 25% stake in a €11.8bn biorefining business owned by Italian multinational energy firm Eni. KKR’s global infrastructure strategy has agreed to acquire a quarter interest in Enilive in a deal that involves a €500m subscription of a capital increase in Enilive and the purchase of €2.4bn of shares from Eni.
Eni: KKR To Buy 25% Stake In Mobility Transformation Unit Enilive In EUR 2.938 Bln Deal
Italian energy major Eni S.p.A. (E) announced Thursday an agreement, under which investment firm KKR & Co. Inc. (KKR) agreed to take
Eni Sells Stake in Biofuels Unit to KKR for $3.17 Billion
The Italian energy major is selling a 25% stake in its biorefining company Enilive to New York-based private equity firm KKR & Co. for $3.2 billion.
KKR to take 25% stake in Eni's biofuel unit for 2.9 billion euros
Italian energy group Eni said on Thursday that U.S. fund KKR would take a 25% stake in Enilive, in a deal that values the entire biofuel unit at 11.75 billion euros ($12.68 billion). The agreed consideration for the stake is 2.
Eni Sells 25% Stake in Biofuel Business Enilive to KKR for €2.94 Billion
Eni Partners with KKR on Enilive Stake Sale Italian energy giant Eni announced on Thursday that KKR, a prominent U.S. investment firm, will acquire a 25% stake in its biofuel division, Enilive, in a transaction
Eni Strikes $3.17 Billion Deal with KKR: The Bold Move to Turbocharge Its Clean Energy Revolution
Failed to import article template. Reason: Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app ...
worldenergynews.com59m
Eni, Italy's energy company, will see 2.5 billion euros in net proceeds from its disposals by 2025
Francesco Gattei, the Chief Transition & Finance Officer of Italian energy giant Eni, said that it expects to receive net ...
Italian energy group Eni to boost buyback after third-quarter profit tops expectations
Eni reported an adjusted net profit of €1.27-billion, topping the €1.08-billion expected by analysts in a poll compiled by ...