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People's Bank of China adds Saipem stake to Italian investments

MILAN, Dec 30 (Reuters) - The People’s Bank of China owned 2.027 percent of Italian oil services group Saipem as of Dec. 18, a filing published by market watchdog Consob showed on Tuesday.

China’s central bank has made a string of large investments in blue-chip Italian companies this year buying stakes of around 2 percent in car maker Fiat Chrysler Automobiles, former telecoms incumbent Telecom Italia and cable maker Prysmian.

Reporting by Francesca Landini, editing by Valentina Za

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