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Eni way you want it

20 November 2002 By Rob Cox

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Eni way you want it

20 November 2002 By Rob Cox, Rob Cox, Rob Cox, Rob Cox

Strategically, the deal makes sense for Eni as Fortum’s assets give Eni critical mass in the North Sea. But even after stripping out the net present value of tax loss carryforwards, Eni is paying a very rich price.

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