Goldman Sachs’ real estate subsidiary looks set to buy ENI/SNAM for 1.5bn (L3,000bn).
The investment bank is tipped to beat off competition from Milano Centrale/Soros to take over ENI’s real estate portfolio.
The news comes on the eve of the property deal between Telecom Italia and Beni Stabili/Lehman Brothers,
Il Sole 24 Ore, 25 November 2000 p29