Abu Dhabi Investment Authority interested in Eni's Snam stake
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Sun June 17, 2012 7:21 pm

INTERNATIONAL. The Abu Dhabi Investment Authority and other Mideast sovereign-wealth funds have shown interest in buying Eni SpA (ENI)’s remaining stake in Snam SpA (SRG), newspaper Il Sole 24-Ore reported, without saying where it got the information.

Italy’s biggest oil company plans to sell its remaining 20% holding and may break it into 5% portions, Il Sole reported.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 9, 2016
UAE. New research from Bain & Company and Red Hat indicates that many traditional companies are at an early stage in their digital journey; leaders stand out based on their use of advanced technologies, such as cloud computing, advanced analytics and modern app development.
date:Posted: December 9, 2016
UAE. Insurers have been prompted to prepare for the effects that VAT and changes to international financial reporting standards (IFRS) will have on their industry as well as assessing the impact of new insurance regulations that came into effect earlier this year.
date:Posted: December 7, 2016
INTERNATIONAL. Will this be the year when China exceeds growth expectations, Brexit turns into Bremain, the Mexican peso soars and Italian banks turn out to the best performing equity asset class?
UAE. Insurers have been prompted to prepare for the effects that VAT and changes to international financial reporting standards (IFRS) will have on their industry as well as assessing the impact of new insurance regulations that came into effect earlier this year.
dhgate