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China Daily | Updated: 2014-03-28 08:45

PBOC picks up stakes in Italian energy groups

The People's Bank of China has acquired stakes of about 2 percent in Italian state-owned 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 on March 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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