Eni S.p.A. (NYSE:E) disclosed securing a temporary exclusivity agreement with KKR & Co. Inc. (NYSE:KKR) to advance due diligence and finalize documents for selling a 20% to 25% stake in Enilive, based on a valuation between €11.5 billion and €12.5 billion. This move supports Eni’s satellite model strategy, attracting valuable new partners and funding growth at favorable multiples, confirming the value of these new ventures. The high interest from major institutional investors may result in the sale of an additional 10% stake in Enilive. While the final deal depends on ...