The Italian strategic fund, 80% controlled by Cassa depositi e prestiti, yesterday closed an agreement to acquire 49,5% of the capital of Valvitalia for 151 million euros.
The closing of the transaction is expected in January 2014. “We looked for the strategic Fund to grow and I hope with your help to go public within three years. I think our company can be listed because it is a jewel of Made in Italy”, declared Salvatore Ruggeri, founder, president and managing director of Valvitalia during the FSI investment presentation conference.
