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Maurizio Tamagnini, CEO of Fondo Strategico Italiano (FSI) and Hongchul Ahn, Chairman and CEO of Korea Investment Corporation (KIC) signed today a Memorandum of Understanding envisaging co-investment agreements up to a total commitment of € 1 billion, to be equally contributed by the two parties
The agreement aims to promote the economic co-operation and the exchange of information and expertise between Italy and the Republic of Korea.
Investments will target financially sound companies and will pursue market returns, with minority participations and active governance rights.
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