Eni and Vår Energi to Acquire Neptune Energy Group

Posted on 06/23/2023

Eni S.p.A. (Milan: ENI) agreed to buy most of London-based oil and gas company Neptune Energy Group Limited for US$ 4.9 billion in cash from The Carlyle Group, CVC Capital Partners and China Investment Corporation (CIC). Eni will pay US$ 2.6 billion (including debt), excluding Neptune’s Germany and Norway businesses. The German unit will get…

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