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Global Trade Alert

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Italy: CDP acquires another 10% stake in Open Fiber

Description

On 3 December 2021, the Italian Eximbank Cassa Depositi e Prestiti (CDP) acquired another 10% interest Open Fiber for EUR 534 million (USD 603.8 million), becoming the majority stakeholder of the comp...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Dec 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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