Eni's Plenitude to Be Listed on Euronext Milan
June 09 2022 - 4:37AM
Dow Jones News
By Cecilia Butini
Eni Plenitude SpA, a unit of Italian energy company Eni SpA
focused on the energy transition, said Thursday that it intends to
launch an initial public offering and list its shares on Euronext
Milan.
Plenitude is currently fully controlled by Eni, and Eni will
retain a majority stake following the IPO, it said. According to
the company, the IPO is going to enable Plenitude to diversify its
ownership structure, consolidate its positioning and develop more
quickly.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
June 09, 2022 04:22 ET (08:22 GMT)
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