Italy welcoming foreign investors and takeovers

Sep 16, 2013 1799

Foreign press seems particularly interested in monitoring Italian interest in selling its brands and big industrial groups abroad. A few days ago, the Italian Economy Minister, Fabrizio Saccomanni, directly answered to these speculations stating in public that the government has no interest and no plans to oppose foreign takeovers of domestic companies.

He is indeed aware that the national huge defence group, Finmeccanica, is considering selling AnsaldoEnergia to South Korean Doosan Heavy Industry, while Italy's main telecoms operator, Telecom Italia, seems an interesting deal for the Egyptian tycoon Naguib Sawiris.

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Fonte: This is Italy

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