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EU Clears Eni Plenitude's Joint Control by Eni, Ares

MT Newswires·07/23/2026 06:48:40
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06:48 AM EDT, 07/23/2026 (MT Newswires) -- The European Commission on Thursday approved the planned joint control of Eni Plenitude by Eni (ENI.MI) and Ares Management. The regulator concluded that the transaction, which relates to the energy sector, would not raise competition concerns as the new jointly controlling shareholder is not active in the same or related markets as the joint venture.