PBOC picks up stakes in Ital­ian en­ergy groups

China Daily (Canada) - - BUSINESS -

The People’s Bank of China has ac­quired stakes of about 2 per­cent in Ital­ian sta­te­owned en­ergy com­pa­nies Eni and Enel, Ital­ian mar­ket reg­u­la­tor Con­sob said on Thurs­day. In a fil­ing pub­lished on its web­site, Con­sob said the Chi­nese cen­tral bank ex­ceeded the 2 per­cent dis­clo­sure thresh­old onMarch 21. The PBOC now holds 2.071 per­cent of util­ity group Enel and 2.102 per­cent of oil and gas group Eni, it said.

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