Judgment_paragraph 15 · European Commission v Italian Republic and Others (C-425/19 P)

15In October 2013, after assessing various options in the search for a solution to the difficulties faced by Tercas, the special administrator started negotiations with BPB, which had expressed an interest in subscribing to a capital increase in Tercas, on condition that a due diligence inquiry into Tercas was first carried out and that the FITD covered in full its negative equity.

European Commission v Italian Republic and Others (C-425/19 P)

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