Eni Subsidiary Wins Bid for Mossi Ghisolfi's Green Activities
September 26 2018 - 8:04AM
Dow Jones News
By Alberto Delclaux
Italy's Eni SpA (ENI.MI) said Wednesday that its chemicals
subsidiary Versalis has won a bid for the green activites of the
Mossi Ghisolfi Group, comprising four companies.
Versalis will take over assets and resources related to the
activities from Biochemtex, Beta Renewables, Italian Bio Products
and IPB Energia, Eni said. A transfer of the business units will be
formally agreed to in coming weeks.
A bidding process had been ordered by the court of Alessandria,
Italy, following the bankruptcy of the chemicals company.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
September 26, 2018 07:49 ET (11:49 GMT)
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