Renzi's reform efforts draw hungry M&A investors to Italy
London
MERGERS and acquisitions (M&A) in Italy in the first three months of 2015 are already double the value of such transactions for all of the previous year, with hungry investors encouraged by Prime Minister Matteo Renzi's reforms.
Italy was the third most-targeted country in Europe in the first quarter of the year, accounting for 11.6 per cent of European M&A activity, ahead of Germany and the Nordics. Britain accounts for 35 per cent and France for 12 per cent.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin