Berlusconi must sell down stake in Dublin-based asset company

23rd December, 2014
Berlusconi must sell down stake in Dublin-based asset company

Italian authorities are forcing the country’s former prime minister, Silvio Berlusconi, to sell down his stake in the parent company of one of Ireland’s largest asset management companies, which controls €30 billion worth of investments from its Dublin headquarters.

Fininvest, a Berlusconi family investment vehicle, must water down its 30 per cent stake in Italian outfit Mediolanum, in the wake of an Italian regulatory finding that Berlusconi is not a fit...

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