Background information “What is good for Fiat is good for Italy” is among the most celebrated quote of Gianni Agnelli, the grandson of Giovanni who in 1899, together with a dozen of aristocrats, professionals, landlords and entrepreneurs, created in Turin Fabbrica Italiana Automobili Torino – Fiat,

Telecom Italia

Background information Telecom Italia, once a cash rich powerhouse in the global telecom industry landscape, since the last decade is struggling with a huge debt burden nowadays reduced to the still big figure of nearly 30 bn euros which limits its capital spending capacity as well


Background information Mediobanca, the once upon a time powerhouse of Italy’s financial and corporate system, has lost most of its grip on financial and corporate Italy, as Unicredit and Intesa emerged as the two new pillars of the Italian banking landascape while the big global investment banks from Germany, France and the US massively entered…