Eni has begun the divestment process of its stakes in the companies owning TENP and Transitgas pipelines, and in the companies managing a relevant stake of the transport capacity of those pipelines. The disposal process forms part of the commitments adopted by Eni following the European Commission ruling on September 29, 2010.
Financial advisors assisting Eni in the divestment process are: Rothschild and Banca IMI for the Transitgas pipeline and Rothschild and UniCredit for the TENP pipeline.
The sale process for Eni’s stake in the Trans Austria Gasleitung GmbH (TAG) pipeline is ongoing.
Source: Press release
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