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Italy: FSI acquires 23% stake in Rocco Forte Hotels to ensure the company's development in Italy

Description

On 7 November 2014, the Italian sovereign fund Fundo Strategico Italiano (FSI) invested EUR 76 (USD 88) million in Rocco Forte Hotels in order to acquire 23% of the company. This measure constitutes a...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

07 Nov 2014

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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