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Company: Eni places 10% of Saipem's capital on the markets

14/06/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Mercredi dernier, le hydrocarbon giant Eni has placed 10% of the capital of the Italian petroleum engineering company Saipem on the markets for an amount of 393 million euros (almost ; s of 380 million Swiss francs).

La cession de 10% of the capital of the Italian petroleum engineering company Saipem was completed at a price of 1.97 euros per share, a discount of 4.6% compared to the close on Tuesday. Eni, which previously held 31.19% of Saipem shares, thus saw its stake increase to 21.19%. In the wake of the fall in gas prices, the Italian group, which intends to reduce its debt, suffered a 49% drop in its net profit to 1.21 billion euros in the first quarter

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