Leonardo (LDO) to Increase Stake in National Strategic Hub to 35%
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowLeonardo (LDO) plans to acquire an additional 10% stake in the National Strategic Hub (PSN) from Sogei, raising its ownership from 25% to 35%. PSN is critical for Italy's cloud migration strategy, funded by approximately €2 billion ($2.3 billion) from the EU's post-pandemic Recovery Fund. Meanwhile, Poste Italiane aims to acquire a 20% stake in PSN from CDP and targets 65% ownership through a potential takeover of TIM, which holds a 45% stake. This restructuring is intended to streamline control over PSN's operations.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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