Benettons, Blackstone get green light from Italy for Atlantia takeover

“The Presidency of the Council of Ministers… has communicated to the bidder its decision, adopted on June 22, 2022, not to exercise the special powers,” Schema Alfa, which launched the bid, said in a statement.

Rome has special “golden powers” which it can use to block or set strict conditions on takeovers in strategic sectors, such as airports, defence, energy and banks.

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