September 3, 2012 / 4:15 PM / 5 years ago

Italy state fund to buy up to 6 pct of Hera

1 Min Read

MILAN, Sept 3 (Reuters) - Italy's Hera said on Monday it had accepted an offer from state-controlled investment fund Fondo Strategico Italiano (FSI) to buy a stake in the regional utility that could reach about 6 percent.

The agreement sees an investment by FSI of up to 100 million euros, Hera said.

FSI is 90 percent controlled by state-controlled financing group Cassa Depositi e Prestiti.

Reporting By Stephen Jewkes

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