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Tag: italian
Construction begins Italian Navy's eighth FREMM frigate
2015-03-02 01:00:00| Naval Technology
Construction on the Italian Navy's eighth Frégate Européen multi-mission (FREMM) vessel has started with the cutting of the first sheeting ceremony at Fincantieri's shipyard in Riva Trigoso near Genoa, Italy.
Tags: construction
italian
begins
eighth
Tekni-Plex's Plan to Acquire Gallazzi's Italian Pharma Blister Film, Adhesive Tape Substrate Film Businesses has Been Approved
2015-02-26 11:31:40| Industrial Newsroom - All News for Today
EREMBODEGEM, Belgium, Tekni-Plex Europe NV is announcing today that its plan to acquire Gallazzi's Italian-based pharmaceutical blister film (Tradate, Varese, Lombardia) and adhesive tape substrate film (Gallarate, Varese, Lombardia) businesses has been approved by the Italian authorities supervising the...
Tags: plan
film
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italian
Italian government blocks EI Towers bid for RaiWay
2015-02-26 08:28:00| Telecompaper Headlines
(Telecompaper) The Italian government has rejected a bid by Mediaset-controlled EI Towers to acquire rival Italian tower operator RaiWay for around EUR 1.23 billion in cash and stock. In a statement, the economic development ministry said that in view of the strategic importance of the assets, it wouldn't be accepting the offer. Under a September decree, at least 51 percent of RaiWay has to remain under the control of state broadcaster Rai. The government's move comes a day after EI Towers said it was offering EUR 3.13 in cash plus 0.03 new EI Towers common shares for each RaiWay share, valuing the Rome-based company's stock at EUR 4.50 each. The aim was to "create a single operator of broadcasting towers in Italy," said Mediaset. Rai Way was listed on the Milan stock exchange in November in an IPO that valued the company at around EUR 800 million and left Rai with a controlling stake of 65 percent. However, the news that Mediaset was seeking to acquire one of Rai's last strategic assets was described as unacceptable by Italian opposition parties and trade unions. EI Towers had earlier announced that its shareholders would be meeting on 27 March to approve a capital increase for the transaction.
Tags: government
italian
bid
blocks
Swiss deal over Italian tax evasion
2015-02-23 20:49:13| BBC News | Business | UK Edition
Italy and Switzerland have signed a deal to work together on tackling tax evasion.
McCormick to buy Italian spice maker Drogheria & Alimentari
2015-02-20 17:54:10| Food - Topix.net
McCormick & Co. Inc. is adding some Italian flavor to its portfolio of spices. The Sparks-based company on Friday announced it has agreed to acquire Drogheria & Alimentari for $97 million.
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