Global Trade Alert
Global Trade Alert

Italy: Government imposes requirements for AGC's takeover bid over MolMed SpA

Announcement

07 Jul 2020

In July 2020, the Italian government exercised its golden powers over the acquisition of MolMed S.p.A by AGC Inc., a global Japanese manufacturer. Pursuant to the FDI screening regime in force (see related state act), the Council of Ministers imposed specific requirements to authorise the takeover bid.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Jul 2020

Revocation date:

No revocation date

Announced: 07 Jul 2020
FDI: Entry and ownership rule In force
On 7 July 2020, the Presidency of the Council of Ministers announced the exercise of its golden powers for the transaction concerning the EUR 240 million takeover bid from AGC Biologics Italy S.p.A - ...
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