Tuesday, March 24, 2015

Pirelli, foreign investment in Italy do not have to worry – Bazoli – Reuters Italy


       

MILAN, March 24 (Reuters) – Italy’s main problem is that of growth and investment. With this in mind you should not have excessive concerns about foreign investment in Italian companies.


       

So, Giovanni Bazoli, chairman of the supervisory board of Intesa Sanpaolo said the operation that will bring the chemicals giant Chinese ChemChina to take control of Pirelli.


       

“The main problem, as you well know, is the growth and from this point of view I do not think you have to make considerations are of excessive concern about the fact that foreign capital is to invest in Italian companies,” said bazoli, president of the CDS of the institute, among members of Italian Camfin, the financial currently controls 26% of Pirelli.


        

       

(Andrea Mandalà)


       

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