Ask a question to find out more

Eni completes the sale of 10% of Saipem's share capital

San Donato Milanese, 12 June 2024 – Eni S.p.A. ("Eni") announces that it has successfully completed the sale of 10% of the share capital of Saipem S.p.A. ("Saipem") at Euro 1.970 per share, totaling approximately Euro 393 million of proceeds. The settlement of the transaction will take place on 14 June.

Following the placement, carried out through an accelerated bookbuilding aimed at institutional investors, Eni holds 422,920,192 shares in Saipem, representing approximately 21.19% of the share capital of the latter, of which 249,504,583 shares (approximately 12.50% of the share capital) are covered by the shareholders’ agreement with CDP Equity S.p.A.

In the context of the transaction, Eni agreed with the Joint Bookrunners not to sell additional shares of Saipem on the market for a period of 180 days, subject to waiver by the Joint Bookrunners and customary exceptions in line with market practice.

Press Office

Freephone for shareholders (from Italy)

Freephone for shareholders (from abroad)

Media Relations - Milan

Media Relations - Roma

Investor Relations

Piazza Vanoni, 1 - 20097 San Donato Milanese (MI)  


Don't miss a single update

Sign up to our newsletter and activate your e-mail alert to discover the insights from the world of Eni


Back to top
Back to top
Modal Disclaimer Button