ENI exploring interest in selling ENI Gas & Power NV - http://bit.ly/2hah9ak
The Italian oil and gas company ENI [BIT:ENI] is exploring if there are parties interested in acquiring the Belgian daughter company ENI Gas & Power NV, the Belgian daily De Tijd reported. It was confirmed by Tom Vanden Borre, manager of ENI Gas & Power NV.
ENI acquired the company five years ago for EUR 157m from NUON Belgium, the report said. ENI Gas & Power is the third largest electricity and gas provider in the Flemish part of Belgium.
Tom Vanden Borre confirmed that ENI is exploring the market, but said that a decision to sell is not definitive yet.
The company employs over 200 staff.