Mergers and Acquisitions News in Italy

Assessment of Options for Eni's Stake in Saipem Put on Hold
12/11/2014 - Last July Eni introduced a new organizational structure with even greater focus on the oil & gas business. In this context, the shareholding in Saipem has been identified as no longer in line with the...
Eni CEO Shake-up Puts Saipem on Block in Exploration Gambit
7/31/2014 - Eni laid out plans to sell assets, including a multi-billion dollar stake in oil service firm Saipem, and downsize its ailing refinery business to help fund its transformation into a leaner oil and ga...
Eni to Revive Saipem Sale Plans
7/25/2014 - The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas, source...
Eni Launches the Sale of 7% of Galp's Share Capital
3/27/2014 - Eni S.p.A. has started, through an accelerated bookbuilding procedure, the sale of 58,051,000 ordinary shares (the “Shares‘) corresponding to approximately 7% of the share capital of Galp Energia SGP...
Eni Completes the Sale of 11.69% of Snam
5/9/2013 - Eni S.p.A. ("Eni") announces that it has successfully completed the sale of 395,253,345 shares equal to 11.69% of share capital of Snam S.p.A ("Snam") (the “Offering‘). ...
Acquisition of Celtique Energie SpA
11/10/2011 - Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia is pleased to announce the acquisition of Celtique Energie SpA ("Celtique") which materially uplifts Sound Oil's core NPV...
Saipem’s Incorporation with Saipem Energy Services
6/16/2011 - The Board of Directors of Saipem S.p.A. approved the incorporation of Saipem Energy Services S.p.A. into Saipem S.p.A. ...
Sound Oil Acquires Further Shares in Consul Oil & Gas
3/29/2011 - Sound Oil, the upstream oil and gas company with assets in Indonesia and Italy, announces that it has acquired a further 552,381 ordinary shares in its subsidiary Consul Oil & Gas Limited ("Consul") w...
E.ON Sells Gas Network in Italy
12/20/2010 - E.ON has agreed to sell E.ON Rete, the company operating the gas distribution network for E.ON Italia, to a consortium consisting of Italian investment fund F2i SGR S.p.A. and AXA Private Equity. The ...
Divesting Eni'S Stakes in TENP and Transitgas
12/3/2010 - 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. <...
Gas Plus Renounces to Acquire Adriatica Idrocarburi
12/1/2010 - Eni informs that Gas Plus has decided not to exercise the purchase option on the 100% stake in Adriatica Idrocarburim SpA. ...
Statkraft Sells 3.3 MWp Project to Innotech Solar
11/16/2010 - Statkraft signed an agreement to sell its solar project company RA 2 S.r.l. to ITS Power AG, a daughter company of Norwegian solar company Innotech Solar AS. ...
Bonanza Resources Acquires Interests in Italy
11/8/2010 - Bonanza Resources Corporation is pleased to announce that Bonanza, along with its partner, Bluescape Resources LLC, have completed the acquisition of 100% of the membership interests in AleAnna Energy...
Petroceltic Acquires Bg Group Upstream Assets in Italy
10/15/2007 - Petroceltic International plc has entered into an agreement with BG Gas International BV Italian Branch ("BG Italia") a subsidiary of BG Group PLC to acquire BG Italia's interests in five Exploration ...

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