PIRELLI’S SAGA SIGNALS HIGH VOLATILITY FOR CHINESE INVESTORS IN EUROPE

marketude Administrative and Public Law, Data Protection and Cybersecurity, EU and Competition, In the Press, Industrial Products and Equipment, Roberto A. Jacchia

…Against this backdrop, Roberto Jacchia, a partner at local law firm De Berti Jacchia, says the use of golden powers against Pirelli is “not surprising” and “reflects the clear political stance of the government” to counter China’s industrial presence in strategic sectors. He says it reveals how the government will use its expanded golden powers going forward, leveraging its flexibility to intervene in both existing and proposed transactions

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