Daniele Lepido

Private equity group Presidio Investors has purchased Italian football club Hellas Verona , the latest US firm to target a team in the country's world-class Serie A league.

Private equity group Presidio Investors has purchased Italian football club Hellas Verona, the latest US firm to target a team in the country’s world-class Serie A league.

An Italian court of appeals has confirmed that the government must return about €1 billion ($1 billion) to phone carrier Telecom Italia SpA as part of a legal case dating back to the late 1990s.

The chief executive officer of FiberCop, Italy’s largest telecoms network operator, plans to resign over disagreements on future strategy.

Banca Monte dei Paschi di Siena SpA hizo una oferta sorpresa para adquirir a su rival más grande Mediobanca SpA en una operación valorada en €13.300 millones, o unos US$13.900 millones, una operación que se suma a una seguidilla de intentos de consolidación en la banca italiana.

(Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series of takeover attempts that are shaking up Italy’s banking industry.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Ba

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(Bloomberg) -- Pirelli & C. SpA expects to stick with its debt reduction targets for this year, notwithstanding looming US tariffs that threaten the Italian tire manufacturer's North American business, according to people familiar with the matter.

Ferrari NV saw resilient sales of its sports cars in the fourth quarter as the Italian manufacturer brushes off a downturn for luxury automakers.