--Italy's Eni SpA is in preliminary talks to buy Neptune Energy Group Ltd. for around $5 billion-$6 billion, Reuters reports, citing an unnamed source.

--The private-equity backed firm produces oil and gas, with operations in Norway, the U.K., Indonesia and Algeria among other countries.

--Neptune Energy is owned by China Investment Corp., the Carlyle Group Inc. and CVC Capital Partners.


Full story: https://reut.rs/3EQXjKA


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

12-01-22 0151ET