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via seekingalpha.comBusiness & Companies

ADNOC's XRG in talks to buy stake in Eni's Libya business

FROM THE WIRE · SEEKINGALPHA.COM

Abu Dhabi National Oil Company's XRG international investment arm is in talks to acquire a stake in Eni's oil and gas operations in Libya, Reuters reported.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA possible entry by a major investor into Eni's Libyan oil business is relevant for the energy sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01XRG, ADNOC's international investment arm, is in talks.
  2. 02The target is a stake in Eni's oil and gas operations in Libya.
  3. 03According to Reuters, the talks are ongoing.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Eni S.p.A.EStock59.53 USDMarket closedtoday +0.56%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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