Eni raises $425 million through Saipem stock sell off

Italian major offloads a third of its shares in Italian contractor current, but still controls one fifth of company

Eni chief executive Claudio Descalzi.
Eni chief executive Claudio Descalzi.Photo: AFP/SCANPIX
Published 12 June 2024, 14:27Updated 12 June 2024, 14:27
SaipemEniItalyEuropeWestern Europe