The Italian Antitrust Authority approves offer to purchase the SACCI business unit
Today the Italian Antitrust Authority has informed Buzzi Unicem about its decision not to open an investigation about the purchase transaction of the business unit SACCI SpA (SACCI), thus authorizing Buzzi Unicem to proceed with the acquisition.
The Buzzi Unicem offer is still under review by SACCI and the bodies of the composition proceedings initiated by SACCI. The outcome of the Buzzi Unicem offer depends on the development of the aforesaid composition plan and on the decisions that will be taken by SACCI and its corporate bodies, whose authorization is required to allow SACCI a final acceptance of the offer.
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