SMT & Inspection |
Siemens interested in 48.7% of Italtel
According to the Swedish business journal Affärsvärlden(www.affarsvarlden.se) Siemens is planning to invest in a major part of the Italian telecom equipment provider Italtel.
Siemens has for a long time glanced at Italtel's operations. Siemens today wants to purchase a stock quote of 48.7% of Italtel's assets. The merger has also been approved by the European Commission who have investigated the merger in terms of competition.