Italy plans 4 billion euro fund to buy stakes in strategic companies - sources

ROME (Reuters) - Italy's Treasury plans to create a new 44 bln euro fund with initial resources of at least 4 billion euros to buy stakes in the country's strategic companies, two political sources told Reuters.Italy's major industries have been hit hard by the lockdown to try to curb one of the world's worst coronavirus outbreaks and Rome wants to defend them from potential foreign predators.To this end, the new fund will be able to invest in non-financial Italian companies with revenues of..