Cementir Italia's acquisition of Sacci gets green light

The Italian competition authority has decided not to launch an investigation into the acquisition of a business unit of Sacci, the Italian cement company, by peer company Cementir Italia. As a result, the operation can now go ahead. Sacci's plan was due to be submitted to the creditors' scrutiny at a court hearing being held today (14 March 2016).
March 9, 2016 Read time: 1 min

The Italian competition authority has decided not to launch an investigation into the acquisition of a business unit of Sacci, the Italian cement company, by peer company 1909 Cementir Italia. As a result, the operation can now go ahead. Sacci's plan was due to be submitted to the creditors' scrutiny at a court hearing being held today (14 March 2016).

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