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
china wholesale market

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

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UAE. "In the next five years, the UAE will see more sophisticated and segmented offerings to adapt to different customers' needs and maximise sales in each. This approach will range from luxury brands to mid-range and low-end value retail alike."
UAE. "In the next five years, the UAE will see more sophisticated and segmented offerings to adapt to different customers' needs and maximise sales in each. This approach will range from luxury brands to mid-range and low-end value retail alike."
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