France wants to go shopping in Italy

Cristina Carlini on Adnkronos summarizes all the games opened with France and those already closed. Apparently France is doing "shopping" in Italy. Targeting the jewels of the Bel Paese.

They do not have time to calm down, at least apparently, the waters for a dossier that immediately another ends up in the eye of the storm: there is no peace between Italy and France in the big economic and industrial games. History seems destined never to be denied: from ships to telephones, passing through food and glasses, just to mention the most recent battles. A few weeks ago the peace between Leonardo Del Vecchio and Hubert Sagnières for the governance of EssilorLuxottica but, here, that in the meantime the fibrillations begin for the French assault on Parmesan with the sights, then going well, by Lactalis on the New Castles. Only sparks, however, with respect to the events of the last hours which have seen the marriage of FCA and Renault, for more than 30 billion, disappear at least for now, with the descent into the field of the transalpine Government. Which, at the time of the squeeze, has raised its shields, setting conditions to guarantee French interests. Fincantieri knows something about it that, after a long march towards the shipyards of Saint Nazaire and when by now the goal to reach the majority of Stx was one step away, he had to deal with the inversion of course decided with the arrival of Emmanuel Macron at the Elysium. With a refined financial engineering operation of French origin, we arrived at a Stx governance that gives Fincantieri the 50% plus the 1% for rent for 12 years. In parallel with the civil consignment, the military one opened with the intent of the Italian and French governments to create the Airbus of the seas, joining forces between Fincantieri and Naval Group. For Stx, it seemed like a calm navigation waiting for the green light from the French and German antitrust authorities to sign the closing. But this did not happen. The cold shower arrived last January with the decision of the EU Commission to approve the request of France and Germany to examine the proposed acquisition of Chantiers de l'Atlantique. Now, the booking phase by the group led by Giuseppe Bono has been completed and Brussels is examining the documentation submitted. The military game, on the other hand, would appear to have begun in recent days for the formalization of the agreement. In recent months, the telephony front has been less 'hot' with the counteroffensive launched by French partner Vivendi for the control of Tim, with the truce then sanctioned by the assembly at the end of March. The Italy-France match is played in the infrastructure sector with the Tav node still to be dissolved. From the railways to the skies, there is then the opposed marriage between Air France and Alitalia. The French shopping in Italy is, however, very active and has opened wounds, which are hard to heal. An example is the food industry. With the acquisition of Nuova Castelli, Lactalis extends its presence in Italy after having bought Parmalat, Locatelli, Invernizzi, Galbani and Cademartori. Not only. The French accent resounds in banks like BNL and Cariparma, and shares in Mediobanca) and, in the energy sector in Edison.

France wants to go shopping in Italy

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