Italian Intelligence Watchdog Flags Small, Sneaky Foreign Takeovers In Defense
Italian Intelligence Watchdog Flags Small, Sneaky Foreign Takeovers In Defense
“DEFENSE NEWS” By Tom Kington “Italy’s intelligence watchdog has called for tighter, U.S.-style monitoring of corporate acquisitions after allegations that China quietly purchased an Italian military drone maker that supplied Italy’s special forces. Investigators said a 75% share in the firm was purchased in 2018 at an inflated price by a Hong Kong-based company in turn controlled by Chinese…
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