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What's Going On With Italian Energy Company Eni Shares Today?
Eni S.p.A. (NYSE:E) shares are trading lower today. The company reportedly plans to sell minority stakes in its biofuel and bio-plastic units by year-end.
The Italian energy group expects the divestiture to garner EUR1.3 billion, reported Reuters.
As per the report, Eni has started preliminary discussions with funds and industrial investors to find a partner interested in a stake of up to 10% in biofuel unit, Enilive.
Enilive could be valued at ...