(IN BRIEF) Eni and KKR have completed the agreed transaction, with KKR purchasing additional Enilive shares from Eni for about 601 million euros to acquire a further 5% stake, bringing its total shareholding in Enilive to 30%. The deal sets a post-money valuation of 11.75 billion euros for Enilive, while Eni group benefits from total proceeds of 3.6 billion euros. This figure includes a 500 million euro capital increase in Enilive to fuel its growth strategy. The transaction has been cleared by the relevant authorities.
(PRESS RELEASE) MILAN, 13-Apr-2025 — /EuropaWire/ — Eni and KKR have finalized the transaction outlined in their investment agreement announced last February, resulting in an increased stake for KKR in Enilive. KKR purchased additional shares from Eni, acquiring 5% of Enilive’s share capital for approximately 601 million euros. With this transaction completed, KKR now holds an overall 30% stake in Enilive.
This deal confirms a post-money valuation of 11.75 billion euros for the entirety of Enilive’s share capital. Overall, the transaction has generated proceeds of 3.6 billion euros for the Eni group, which includes a 500 million euro capital increase in Enilive aimed at supporting the company’s growth plan.
The transaction has received the necessary approvals from the competent authorities.
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First published in this link of EuropaWIRE.
