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Italy finalising $3.3 bln Silicon Box plant deal, source says


9 Mar 2024

ROME, March 8 (Reuters) - Italy is finalising the terms of a state-backed deal with semiconductor firm Silicon Box worth around 3 billion euros ($3.3 billion) to build an industrial site in the country, a source familiar with the matter said on Friday.
The move by Prime Minister Giorgia Meloni's administration is part of long-standing Italian efforts to attract investment from tech companies since a deal with U.S. firm Intel has never been finalised.

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