The Financial Times: the Norwegian sovereign wealth fund ready to reject Scaroni as president of Enel

The Norwegian sovereign wealth fund is ready to reject the candidates of the government to lead the Italian state giant Enel. The Financial Times writes it. The world’s largest sovereign wealth fund, which holds a 2.2% stake in Enel, said it would vote against Paolo Scaroni, Italy’s proposed presidential candidate and former head of oil major Eni, at a shareholders’ meeting in May 10. Instead, he will support Marco Mazzucchelli, the candidate proposed by the London hedge fund Covalis.