Prime Minister Enrico Letta’s government will review the aid that Italy’s postal system gets from the state, including annual pension relief of almost 1 billion euros ($1.4 billion), before its partial sale planned for this year, a senior official said.
Italian Prime Minister Mario Monti will likely have to call a confidence vote to win parliamentary approval for his emergency economic measures, Il Messaggero reported, citing Gianfranco Fini, head of the Chamber of Deputies.
Granarolo SpA’s main investor, Gran Latte, may contribute 500 million euros ($723 million) in a bid for 60 percent of Parmalat SpA , daily Il Messaggero reported, without saying where it got the information.
Intesa Sanpaolo SpA and BNP Paribas are the most likely candidates to buy the assets of Polbank, the Polish unit of Greece’s EFG Eurobank , daily Il Messaggero reported, without saying where it got the information.
Selex Sistemi Integrati SpA Chairman Giuseppe Veredice will also take on the role of chief executive officer of the Finmeccanica SpA subsidiary after the resignation of Marina Grossi, Il Messaggero reported, without saying where it got the information.
Compagnia Italpetroli SpA, which controls Italian soccer club AS Roma , resumed talks with UniCredit SpA to find an agreement on 325 million euros ($397 million) in debts, Italian daily Il Messaggero said.