KKR to buy additional 5% stake in Eni biofuel business, taking total ownership to 30% (KKR:NYSE)

KKR (NYSE:KKR) to acquire an additional 5% stake in Eni’s (NYSE:E) biofuel business, Enilive, for €587.5M (~$614.17M). This transaction increases KKR’s total ownership in Enilive to 30% while Eni (NYSE:E) retains control of the company.

“KKR’s additional investment confirms