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Foreign acquisitions of Italian firms boom in 1st quarter

Worth 4.3 bn euros

Redazione Ansa

(ANSA) - Milan, April 10 - Foreign acquisitions of Italian companies picked up in the first quarter of 2014 and were worth 4.3 billion euros from 2.7 billion in the same period last year, according to data released by KPMG on Thursday.
    The data included People's Bank of China investments in Italian energy giant Eni and utility Enel worth 1.4 and 0.8 billion euros respectively.
   

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