The Board of Directors, meeting today took stock of European rules. In an era, such as the current one, characterized by strong innovations, excessive regulation on finance activities risks increasing costs and paralyzing many activities with serious damage to the protection of savings and business growth. In Italy, European rules are compounded by national goldplating provisions and a strange interpretation of golden power that seems to affect every international and domestic M&A activity, with the result of making our market less competitive.

Find the press release below.