The Italian government is proceeding with new measures to protect “strategic” companies against foreign takeovers, with aerospace and defense entities topping the list. The first companies to be protected are Finmeccanica, Avio and Fincantieri. A scheme of decree is being approved by the cabinet; next it will be evaluated by the State Council — the highest administrative authority — and by the parliament commission. Future decrees will take care of energy, transportation and ...
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