SOCAR expands into Italy with strategic petrol station acquisition

Azernews.Az

16 September 2025 08:30 (UTC+04:00)

Qabil Ashirov

The Italian acquisition is expected to cost around €2.5 billion, with the Brachetti-Peretti family reportedly holding €500 million in cash. SOCAR is advised by Intesa Sanpaolo IMI CIB, while UniCredit represents the Italian family. Beyond the headline numbers, the deal would yield tangible benefits: a stable cash flow from retail operations,...

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