The Government has launched a document with the warranty requirements that the buyer must respect. In the industrial plan of Baycar, leader in the drone sector, there are both civil production with the P180, and military production with the drone…
After receiving clarifications on monitoring from the Ministry of Economy and Finance, Unicredit sends a signal of openness to the government and renounces the suspension on the golden power. The hearing on the appeal will be held on July 9, two weeks before the new deadline for the offer on Banco…
No step back from the Government on the Golden Power applied to the Unicredit-Banco Bpm takeover bid. In a letter of clarification sent to Piazza Gae Aulenti, the Mef reiterates the legitimacy of the provisions imposed with the Prime Ministerial Decree of April 18
Andrea Orcel at the Fabi national council: with the appeals to the TAR and the Council of State, the takeover bid for Banco Bpm "could lapse". "We have more government bonds in our portfolio than any other Italian bank"
On one hand, the Eu Pilot procedure, through which Brussels requests information on the application of special powers, on the other, the DgComp, which wants clarifications on the constraints imposed on the Unicredit-Banco Bpm takeover bid
Unicredit's board of directors has approved the waiver of the condition relating to the Anima operation and underlines that "it is evident that the Anima operation was carried out under considerably less favourable conditions than previously assumed". Savona (Consob) to the government: "Ready to leave…
Consob suspends Unicredit's takeover bid on Piazza Meda for 30 days, asking for clarifications on the golden power. Banco Bpm attacks: "Abnormal suspension", ready to appeal against Consob resolution
The commission has 15 days to respond, but the response could arrive as early as this week. The EU Antitrust postpones the decision: it will arrive by June 19
Growing interest in the defense activities of the Iveco group, controlled by the Exor holding company of the Agnelli-Elkann family. Leonardo and Rheinmetall had put 1,5 billion on the table, the Spanish, according to rumors, about half
The Minister of Economy never misses an opportunity to criticize Unicredit's moves: but shouldn't it be up to the supervisory authorities and the market to evaluate Orcel's takeover bid?
On Monday, April 28, Banco Bpm members will be able to join Unicredit's takeover bid. The offer will remain open until June 23, in the meantime the Golden Power issue remains: Orcel's moves with the government
But how can a market operation between two Italian banks call into question the security and national interest as claimed by the Northern League Minister of Economy Giancarlo Giorgetti? The Golden Power applied to Unicredit instead damages the bank's freedom of enterprise...
Unicredit challenges the restrictions on the offer for Banco Bpm: "They hinder sound management". The bank is considering appealing to the administrative courts, while the offer on the market is approaching
The executive has decided not to exercise the Golden Power on Bper's takeover bid for Banca Popolare di Sondrio, giving the green light to the operation
Obstacles on Russia, branches and governance, but the bank raises doubts: "unclear prescriptions". Meanwhile, the Generali assembly is approaching and Unicredit becomes the deciding factor
The Government's decision on the application of the golden power to Unicredit's offer on Banco Bpm should arrive on Friday 18th or at the latest on Tuesday 22nd. Three possible scenarios
After Algebris and Pimco, Norges Bank also in favor of the increase in view of the meeting of April 17. Caltagirone rises above 9%
In the context of the EU Pilot procedure, a spokesperson for the Commission confirmed the request “to the Italian authorities for more information on the possible application of the so-called golden power legislation as regards bank acquisitions that could take place in Italy”
According to Equita, the merger would have "a strong industrial logic" and "significant room for synergies". "If the deal falls through, more risks for Banco Bpm". The Government wants clarifications on Russia and Germany: the verdict on the Golden Power postponed to…
Banca Ifis has announced that the government has decided not to exercise special powers on the takeover bid for illimity Bank, launched on 8 January 2025
The Council of Ministers of 10 January accepted the proposal of the Ministry of Economy and Finance of "non-exercise of special powers". The ECB Supervisory Board continues its evaluations on the Danish Compromise
Through Conning, the Lion acquires 77% of the American asset management company with $5 billion under management. The headaches for the agreement with the French: from the possible request for an extraordinary meeting, to the axe of the golden power
It was expected that the Turks of Beko would present today the industrial plan for Italy, the investment plan, the development prospects in each plant and the employment prospects in each plant. What will happen?
Faced with the evanescence of the speech of the CEO of Beko before the Government and unions yesterday in Rome, workers' organizations ask the Government to enforce the Golden Power
The Italian government launches an investigation into Pirelli to verify a possible violation of the Golden Power prescriptions by Chinese shareholders, while Camfin and MTP intensify their shareholding presence
Beko Europe CEO Ragip Balcioglu will reveal his group's long-awaited industrial plan today at the Ministry of Made in Italy and Business. Hours of anxiety for unions and workers
The Brembo-Pirelli marriage "is not going to happen": the exit of the group (of the Bombassei family) from Tronchetti Provera's company puts an end to hopes of creating a mega-group
Under the golden power legislation, with a decree from the Presidency of the Council, BlackRock has received the ok with conditions to increase its stake in Leonardo beyond 3%. Cingolani: "BlackRock's interest is an important recognition"
The Chinese fund Silk Road begins its exit from Pirelli by selling at a discount the 9% stake it holds in the capital of the company led by Tronchetti Provera which strengthens by rising to 22,7%
The Italian Presidency of the Council of Ministers has given the green light, without reservations, to the acquisition of Vodafone Italia by Swisscom, with the aim of merging it with Fastweb (which it has controlled since 2007)
Note from the company before the opening of the markets: the commitments made suitable to guarantee strategic interests.
The European Antitrust should reach a first ruling on the Whirlpool-Arçelik joint venture on October 23 but it will still take months. Meanwhile, Haier's Chinese are preparing to enter the field while the Golden Power requested by the government is at a standstill.…
The shareholder agreement that expired effectively bound only part of the Silk Road stake, namely 5%, but served to effectively bring the control package of the Chinese partner from 37% to the effective 42%. Second…
The list of independent candidates was presented in view of the Board meeting on 31 July
The general corporate management will report to the future to Andrea Casaluci - The decision responds to one of the prescriptions imposed by the Government with the exercise of the Golden Power
The news comes from Bloomberg. Among the reasons that would have prompted Midea to renounce the possible exercise of the Golden Power by the Italian Government but above all the differences on the price
The Meloni government is thinking of applying the Golden Power in the event of the sale of Electrolux to the Chinese of Midea but the first steps of the US-China thaw could perhaps change the scenario
Minister Ciriani announced it when he met the trade unions. In case of assignment, sale or transfer "The Government will make its voice heard through the golden power".
Spotlights on today on the Stock Exchange after the adoption of Golden Power for Pirelli which stems the Chinese influence - Rich coupons for utilities - Wall Street closed for holidays
The group led by Marco Tronchetti Provera has published the long list of prescriptions that will have to be respected by the Chinese partner after the adoption of Golden Power by the Meloni government
The alarm launched by Marco Tronchetti Provera on the opportunity to slow down the advance of Sinochem in Pirelli poses a series of problems. A compromise is sought but the road is uphill
Btp Value over 10 billion raised - Slowdown in the Chinese economy and exports while Tronchetti Provera raises the alarm on Chinese invasiveness in Pirelli
Pirelli suffers on the Stock Exchange pending government decisions on Golden Power. Marco Tronchetti Provera at Palazzo Chigi. Triumphal march of the Btp Valore
Pending the government's pronouncement on the renewal of the shareholders' agreement between Marco Tronchetti Provera and the Chinese partners, the assembly at the end of June will have to decide whether to renew the board of directors immediately or extend the current one until the end of July in view of…
The international press confirms FIRSTonline's anticipation of the Chinese intention to acquire the Swedish giant Electrolux. But the Italian government takes the field and Samsung also wants to be in the game
Is there talk of a possible golden power of the government over Pirelli? But what are special powers and when can they be exercised? Here's everything you need to know
Growing accounts for Pirelli in the midst of operations with the Chinese who yesterday penalized the stock on the Stock Exchange - Following the Golden Power, notified on March 6, the balance sheet meeting has been postponed to June 29
In defense of national strategic companies and the Public Administration, the Government has decided to strengthen special powers through the Golden Power and to strengthen cybersecurity measures
Many of the terms modified by the decree are a consequence of the extension of the state of emergency to 31 March 2022
In an unexpected extraordinary meeting held today, Tim's board of directors took note of the proposal of the American fund KKR to launch a friendly takeover bid on 100% of the shares - How will the French of Vivendi, who are the first shareholder, respond?…
According to the Wall Street Journal, the sovereign wealth fund Pif would have invested 1 billion in the Italian group and in three other European majors, taking advantage of the low prices on the various stock exchanges
the Government will strengthen its veto power against hostile foreign takeovers of our strategic companies by extending the Golden power to insurance, finance and food, but - for the first time - also to small and medium-sized enterprises
An I-Com study shows that Italy is in second place in Europe in the state of progress of 5G, but uncertain regulations risk lengthening the time and blocking investments
The Council of Ministers has decided to exercise special powers on some contracts relating to the purchase of goods and services for 5G by Linkem, Vodafone, Fastweb, Wind Tre and Tim
The judges suspended the 74,3 million fine imposed by the Government for the late notification of the control acquired by Vivendì - Genish over the network: "We expect the definitive ok from Agcom within the year"
The inauguration of the board elected by the assembly leaves many questions open. The first concerns the duration of the presence of the Elliott Fund which would be ready to exit in the short term. The position of Cdp would be strengthened and the knot on the role remains open…
To avoid sanctions in the exercise of golden power, the telephone company appeals to the Head of State - - De Puyfontaine: "Technical choice, we have the best relations with the government and Palazzo Chigi" - Meanwhile, Vice President Recchi is…
The Government's objective is to ensure that investments and the correct functioning of the infrastructure will be safeguarded - The company "will communicate the fulfillment of the requirements on an annual basis".
The board of directors approved by majority the birth of a company 60% Tim and 40% Canal+. The group reserves the right to continue the investigation on Sparkle and Telsy and to respond to the government within 90 days
After the Golden power, calm returns between the Government and Telecom Italia - New meeting after the industrial plan
The Government's decision on the Golden power requires Tim, Sparkle and Telsy to entrust a member of the board of directors of each of the three companies with responsibility for corporate activities that concern national security - The appointee must be acceptable…
The Council of Ministers has approved the new 20 billion euro budget law which avoids the increase in VAT and excise duties and provides for the de-contribution on stable hiring of the under 35s as well as other measures for work,…
Pursuant to Article 2 of Law 56 of 2012, the Government will now be able to impose prescriptions and conditions, as the telecommunications network has been officially defined as a strategic asset - Sparkle is at the heart of the matter - Telecom stock down…
Waiting for today's Board of Directors which should choose the new CEO: Genish in pole position - The technical committee of Palazzo Chigi must evaluate the application of the golden power on the telephone company - Gentiloni: "We only ask for compliance with the rules"
Investor interest concerns government intervention with golden power and the hypothesis of proportional demerger
The crux for notifying the control of the French group over Tim is that of the terms, which in theory would have expired on August 7 - Vivendi's technicians are at work with Palazzo Chigi, but in the meantime the…
This is the damage quantified by the Italian group for the breaking of the agreement on Premium and the takeover of the Biscione. The figure was disclosed by the Bolloré company in the quarterly. Vivendi also deems the golden power rules "inapplicable"…
The Council of Ministers has decided not to exercise the special powers and to allow the expiry of the time limits in relation to the establishment of a pledge on all the shares of Open Fiber, held by Cdp Equity and by…
In a pro-veritate opinion written for Vivendi, the former councilor of the Constitutional Court Sabino Cassese and the jurist Andrea Zoppini argue that there are no conditions for the Government to trigger the golden power on Tim because there was no…
Minister Calenda requests an investigation in order to evaluate the existence of notification obligations and the exercise of special powers on the corporate structures of Tim - Calenda: "We will apply the rules on the golden share with intransigence"
