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GSP Gas Plus Spa

2.43
-0.01 (-0.41%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gas Plus Spa BIT:GSP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.41% 2.43 2.41 2.47 2.44 2.41 2.42 13,455 16:40:00

Eni CEO Sees Sale Closing Of Some Italy Assets In Next Weeks

29/04/2010 3:28pm

Dow Jones News


Gas Plus (BIT:GSP)
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Eni SpA (E), Italy's biggest oil and natural gas company by volume, expects to close the sale of some of its Italian hydrocarbon assets in the next weeks, Chief Executive Paolo Scaroni said Thursday.

The sale is to Italian company Gas Plus SpA (GSP.MI), Scaroni said, speaking at a press conference after the company's annual shareholders' meeting in Rome. He didn't give pricing details.

Eni's expected sale involves the Societa Padana Energia SpA and Societa Adriatica Idrocarburi SpA units, as part of its efforts to reduce net debt and focus on international assets.

Analysts have indicated a price-tag of around EUR900 million for the assets Gas Plus is negotiating to buy.

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

 
 

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