Brussels, Belgium, Nov 21, 2025 (AFP) - EU warns Italy over 'golden powers' rules on takeovers

NAMPA / AFP

2025-11-21

The EU on Friday formally warned Italy it might be in breach of the bloc's rules over its so-called "golden powers" that allow Rome to impose conditions on mergers. The European Commission action comes after Rome set special conditions on Italian bank UniCredit's takeover bid for its smaller rival Banco BPM that was later withdrawn. The commission opened an infringement procedure by sending a formal letter to Italy, which has two months to reply.......

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