The Bank of Italy's capital withdrawal from CDP Equity (formerly FSI SpA)

The Bank of Italy, exercising its rights under the agreements reached with CDP Equity (formerly Fondo Stategico Italiano, or FSI) and its parent company Cassa Depositi e Prestiti, has started the process for the complete withdrawal of its capital investment in CDP Equity. The move entails the reimbursement in cash of all the CDP Equity shares held by the Bank, both common and preferred, amounting to 20 per cent of the company’s total capital.