Gas Plus Won't Use Option To Buy Eni's Adriatica Idrocarburi
01 12월 2010 - 6:10PM
Dow Jones News
Gas Plus SpA (GSP.MI) said Wednesday it won't exercise an option
to buy a unit of Eni SpA (E) due to uncertainties following the
Italian government's offshore drilling curbs.
In a statement, Gas Plus said it didn't exercise the option
which expired Tuesday to takeover Societa Adriatica Idrocarburi
SpA, which holds hydrocarbon licenses in central Italy .
Eni has put Adriatica Idrocarburi on sale as part of its drive
to reduce debt and focus on international assets.
Company website: www.gasplus.it
-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924;
liam.moloney@dowjones.com
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