Italy, Qatar PE Funds Join To Invest $2.5B In Italian Cos.

Law360, New York (November 19, 2012, 2:48 PM EST) -- The sovereign private equity funds of Italy and Qatar are teaming up to funnel €2 billion ($2.5 billion) into Italian companies with global growth and export potential through a new venture dubbed IQ Made In Italy, the funds announced Monday.

Per the deal, Fondo Strategico Italiano SPA and Qatar Holding LLC will each provide €1 billion spread over four years and will split the €300 million of funds required to start the venture, according to an FSI statement. The deal came on the heels of negotiations...
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