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Salini - Todini: Italian Antitrust Authority gives go-ahead

23 Oct 2009

Salini - Todini: Italian Antitrust Authority gives go-ahead

The Italian Antitust Authority has given the green light for Salini Costruttori’s acquisition of sole control of Todini Costruzioni Generali.

The geographic distribution of the turnover of the two groups does not determine “the creation or strengthening of a dominant position, such as to eliminate or substantially and on a long term basis reduce competition”. This was the view expressed by the Authority, which has accordingly decided not to pursue investigations as per art. 16, paragraph 4 of Italian Law 287/90.