Italy approves Prelios deal after ION discloses funding terms, sources say-February 2024-www.financetom.com

Italy approves Prelios deal after ION discloses funding terms, sources say

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Italy approves Prelios deal after ION discloses funding terms, sources say

Mar 11, 2024 10:25 AM

ROME, March 11 (Reuters) - Italy on Monday approved with

conditions ION's acquisition of credit manager Prelios after the

fintech group disclosed financing details on the deal that Rome

had requested, two government sources told Reuters.

The government reviewed the deal under its so-called "golden

powers" aimed at protecting strategic assets.

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