Wary of its neighbors, Italy looks to secure its strategic companies
It is not quite cloaks and daggers and poison pills, but Italy is taking measures to make sure its flagship aerospace and defense companies stay Italian as European neighbors size up the struggling country. To stave off intervention by the European Union, Italy is rolling out new rules governing attempts to acquire stakes in its strategic companies. The rules will affect the proposed sale of shares in propulsion company Avio, as well as any future attempts to gain control of defense ...
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