Folks stroll outdoors the ENEL power firm retailer in Niteroi close to Rio de Janeiro, Brazil, July 14, 2022. REUTERS/Ian Cheibub/File Photograph
CERNOBBIO, Italy, Sept 3 (Reuters) – Italian utility Enel (ENEI.MI) has no indication on when it may well shut the sale of its Russian unit, CEO Francesco Starace stated on Saturday, including potential purchaser Lukoil had sought the required authorisation.
“Lukoil has put within the essential request … and we’re awaiting a response,” Starace stated throughout a press briefing at a enterprise convention in northern Italy.
Enel introduced in June it had reached a take care of Russia’s Lukoil and funding fund Gazprombank-Frezia to promote its 56.43% stake in Enel Russia for round 137 million euros, which can be paid at closing.
Russia put Enel’s native subsidiary on a preliminary checklist of corporations that traders from so-called unfriendly nations are banned from promoting this 12 months, until they get particular presidential permission.
Moscow later launched an additional requirement, demanding that the potential purchaser additionally seeks authorisation to amass the asset.
Reporting by Elvira Pollina and Valentina Za
Enhancing by Keith Weir
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