Braking for the title of Saipem which today is among the worst in the Ftse-Mib, the main index of Piazza Affari. The recovery in the price of crude oil, the new offshore contracts for 600 million announced on Friday and above all the first news on the shareholding and debt reorganization triggered this morning the profit-taking on the Milan Stock Exchange and the Saipem quotes I'm this way down 2% halfway through the session, falling to 8,78 euros per share.
Today's stop temporarily ends a surge in Saipem share price which has been going on for several sessions and which brought the prices from 7,09 euros on Thursday 8,95st October to 26 euros on last Friday (+7% in XNUMX sessions).
According to what was reported by the newspaper 'Il Messaggero', negotiations are progressing with Eni and with the banks to allow the parent company to reduce its exposure to Saipem. You should go to a refinancing of Saipem for 4,5 billion it's a capital increase of 3,5 billion so as to bring Saipem's debt to around 2,2-2,4 billion.
