Eni seeks bids in July for Australia gas assets

26 May 2020 - 12:00 am UTC

Italy’s Eni will release an information memorandum on the sale of its Australian gas assets early in June with indicative bids due by the end of July, according to three sources familiar.

The oil and gas company’s adviser on the sale, Citi, sent a flier out at the end of last week outlining the assets on offer and the rough timing for the sale, they added. While it did not give the timing for final bids, this is expected in about two to three months.

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