MILAN, Oct 3 (Reuters) - Italy's Eni said on Thursday it would have a stake of around 38.7% in Ithaca Energy after completing the sale of nearly all of its upstream assets in the UK to the London-listed company.
Eni and Ithaca agreed the deal in April when they said the transaction was worth around 754 million pounds ($992.41 million) in shares.
Ithaca is buying all of Eni's oil and gas producing assets in Britain, excluding its East Irish Sea assets and its carbon capture and storage (CCUS) activities.
Eni is "a fully committed, long-term and supportive shareholder of Ithaca", it said in a statement.
($1 = 0.7598 pounds)
Reporting by Gianluca Semeraro; editing by Gavin Jones
Source: Reuters