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.