CSFB launches fifth sale of ENI shares

Credit Suisse First Boston started an accelerated book-building on Thursday morning for the Italian government's fifth sale of shares in ENI, the oil and energy conglomerate.

CSFB opened the books to sell 425 million shares which could raise up to €2.98bn ($2.7bn) based on ENI's share price of €7.02 on Thursday morning.

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