December 30, 2014 / 11:37 AM / 5 years ago

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below