European Commission challenges Italy over 'golden power' on mergers

The European Commission has opened infringement proceedings against Italy for its use of the so-called 'golden power' rule, a new chapter in the story of the failed takeover of Banco BPM by UniCredit.

European Commission challenges Italy over 'golden power' on mergers
The European Commission has opened infringement proceedings against Italy for its use of the so-called 'golden power' rule, a new chapter in the story of the failed takeover of Banco BPM by UniCredit.

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