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Watchdog will keep an eye on CDP companies, including Snam

 |  June 26, 2012

Italy’s competition watchdog has announced that it will monitor relations between Snam and other companies that report to Cassa dei Depositi e Prestiti (CDP). The regulator will be keeping an eye on “any anti-competition ties that may develop.” Snam is in the process of being separated from its parent company, Eni. Thirty percent of Snam is to be sold to CDP for $4.36 billion. CDP, however, has stakes in Eni and Terna.

Full content: Reuters


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