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Italy: FSI acquires 12.5% of oilfield services company Saipem S.p.A.

Description

On 27 October 2015, the Italian sovereign fund FSI acquired 12.5% of the Saipem S.p.A's capital. According to the information provided, the monetary value of this capital injection measure is calculat...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Oct 2015

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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