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Stellantis on course to secure Italian approval for Comau stake sale
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Stellantis on course to secure Italian approval for Comau stake sale
Oct 10, 2024 9:54 PM

ROME, Oct 9 (Reuters) - Stellantis ( STLA ) is on

course to secure the Italian government's backing for its

planned sale of a majority stake in its robotic unit Comau to

One Equity Partners, a source familiar with the matter said on

Wednesday.

Golden power legislation gives the government the right to

block or set conditions on deals concerning national companies

that operate in strategic sectors.

Asking not to be named, the source said the government was

leaning towards conditional approval of the Comau transaction.

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