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Italy govt approves anti-takeover measures
March 31, 2011 / 2:38 PM / 7 years ago

Italy govt approves anti-takeover measures

ROME, March 31 (Reuters) - Italy’s government said on Thursday it had authorised economy minister Giulio Tremonti to adopt measures to defend Italian companies in strategic sectors from foreign takeovers.

Dairy group Parmalat (PLT.MI) is covered by the measures, the government said in a statement.

Italy’s centre-right government pledged new anti-takeover measures last week as French dairy group Lactalis from tightened its grip on Parmalat.

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