Eni defers IPO of energy transition unit Plenitude due to market conditions


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MILAN - Italy's Eni said on Thursday it was postponing its plan to list its retail and renewables business, renamed Plenitude, on the Milan stock exchange due to market conditions. Eni, which owns 100% of Plenitude, said in a statement that despite a strong interest by investors, "the volatility and uncertainty currently affecting the markets required a further phase of monitoring."

(Reporting by Francesca Landini and Federico Maccioni, editing by Gianluca Semeraro)

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