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The EU commission approves of the acquisition of 12.5% of Saipem by Italian Strategic Bottom
FSI is controlled by Bank of Deposits and Loans
January 12, 2016
The EU commission has approved of the acquisition of 12.5% about of the share capital of Saipem, between the companies world leaders in the field of engineering and constructions for the industry of the oil and the gas, by Italian Strategic Bottom (FSI), society controlled from Bank of Deposits and Loans in its turn controlled with 80.1% from the Ministry of the Economy and Finances. The quota will be yielded by the Eni group, that it possesses 42.9% about of the capital of Saipem.
The Commission has specified that the transaction does not arouse worries under the profile of the competition in consideration of the remarkable number of active competitors on all the markets interested from the acquisition.
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