Eni and Vaar Energi swoop on Neptune Energy in $4.9 billion acquisition

UK independent will only retain its German operations

Acquisition: Eni chief executive Claudio Descalzi. — Acquisition: Eni chief executive Claudio Descalzi.Photo: AP/SCANPIX

Singapore/London

Eni Neptune Energy Vaar Energi Italy Norway

Published 23 June 2023, 06:16Updated 23 June 2023, 11:03