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Saipem, 4 individuals acquitted over profit warning

Former CEO Tali among defendants cleared of market manipulation

Redazione Ansa

(ANSA) - ROME, SEP 28 - A Milan court on Tuesday cleared Italian oilfield services company Saipem and four individuals of charges of market manipulation in relation to a 2013 profit warning.
    The warning caused a significant drop in the company's share price.
    Former Vice-President and CEO Pietro Tali was among the defendants who were cleared. (ANSA).
   

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