Eni, stop in talks to sell Versalis fund Sk Capital. Unions: “The fruit of the struggle of workers” – The Daily

Versalis will remain in the galaxy Eni . You interrupt the negotiations, given the hostility unions , including the six-legged dog and the American fund Sk Capital for the sale of the majority of the pole chemical . To communicate was the Italian oil group, explaining that he had “found it impossible to agree on some negotiating points including, in particular, the future governance of the company.” The next half year, therefore, Eni will consolidate fully Versalis in group accounts.

Sk Capital specializes in investments just in the field of chemistry, had proposed to take over 70% of Versalis, pledging to finance the completion of the investment , to approximately 1.2 billion euro. The unions feared that to do so the American fund would debt now, with serious consequences for Italian workers. The stop to the negotiations “is the result of workers’ struggle,” says the secretary general of the Cisl , Annamaria Furlan in a joint statement with the number one Femca-Cisl, Angelo Colombini . “It’s a success that it has been possible – explains the note – thanks to the extraordinary mobilize of workers and to effective mediation of the unions with the policy, preventing a financial transaction which would be disastrous for the future of the industry and chemical industry in our country. “

At the beginning of June the CEO of Eni, Claudio Descalzi , he had explained that the deal was” stuck on the negotiating “stressing that” if we can not get what we want the deal is not done. ” Some time before, the Descalzi himself had stated that Eni would have sold the majority of Versalis to Sk only if the American fund was able to observe five constraints. “Who buys – he said – must commit to maintain existing plants for at least five years, expanding in case the perimeter, and for three years the existing staff, in this case possibly expanding it.” Then there are the investments that “must be 1.2 billion in all activities of the chemical, including Green .” Finally “Versalis must remain Italian, and the summit will be what it is today.”

Versalis has a total of 4,300 employees in Italy and another thousand abroad. As well as a Marghera , which is the largest factory with 430 employees, has operations in Mantova , Ferrara , Ravenna , Brindisi , Porto Torres , Sarroch (Cagliari) and Priolo , Sicily .

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