2008-11-20

Libya holds talks to invest in several Italian firms

  • Libya holds talks to invest in several Italian firms
Libya holds talks to invest in several Italian firms
 

Rome: Libya is in talks to invest in five or six Italian companies, with some of those deals "more important" than its recent purchase of a nearly five per cent stake in UniCredit, Libya's ambassador to Italy said.

Ambassador Hafed Gaddur declined to name the companies involved in the ongoing talks, but said they involved both private and public companies.

"We are in talks on new opportunities that are very important," Gaddur said in an interview at the Libyan embassy in Rome. "I believe they will conclude soon."