Press Release: State aid (Italy): Commission approves public investment in capital of Ferrarini Group-controlled NewCo.

Author (Corporate)
Series Title
Series Details IP/13/428 (15.05.13)
Publication Date 15/05/2013
Content Type

The European Commission approved on 15 May 2013 a €12.5m equity investment by the Italian public investor Istituto Sviluppo Agroalimentare (ISA) in the share capital of the company NewCo, controlled by the Ferrarini Group. The Commission concluded that the investment proposed by the Italian government does not constitute State aid, as it would have been acceptable to a private investor operating under normal market conditions.

Source Link http://europa.eu/rapid/press-release_IP-13-428_en.htm
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