Italian oil and gas group Eni said on Tuesday it had aqreed with U.S. investment company SK Capital to break off talks over the sale of a majority stake in its chemical unit Versalis.
The oil major said in a statement talks had been halted because it had been impossible to resolve a series of issues including governance of Versalis.
Eni said the unit would be consolidated in group first-half results to be presented at the end of July.
By Stephen Jewkes
Source: Reuters
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