MILAN Aug 4 People's Bank of China
has taken stakes of just over 2 percent in Italian phone group
Telecom Italia, cable maker Prysmian and
carmaker Fiat, a filing by market regulator Consob
showed on Monday.
The Chinese central bank bought a 2.081 percent stake in
Telecom Italia on July 29 and 2.018 percent of Prysmian on July
28. It also bought 2.001 percent of Fiat on July 29, just days
before Fiat shareholders approved the auto group's merger with
its U.S. unit Chrysler.
At the same time, Norges Bank has reduced its stake in Fiat
to 1.338 percent on July 31 from 2.154 percent, the filing
In March, the Chinese central bank bought stakes of around 2
percent in oil major Eni and utility Enel.
(Reporting by Agnieszka Flak; Editing by David Holmes)