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Eni Unit to Buy Mobility Retail Business Oil! Tankstellen from Prax

MT Newswires·07/23/2026 11:00:11
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11:00 AM EDT, 07/23/2026 (MT Newswires) -- Eni's (ENI.MI) Enilive, via its Enilive Deutschland subsidiary, agreed to acquire mobility retail business Oil! Tankstellen from Prax, according to a Thursday release. Upon deal closing, subject to customary regulatory approvals, Oil!'s service stations will be "integrated progressively" into the Italian energy group unit's network. The deal also covers electric vehicle charging points and convenience and food services. Oil! operates in Germany, Denmark, Austria and Switzerland.