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(Bloomberg) -- Italy will allow ION Group’s acquisition of asset manager Prelios SpA to go ahead with some conditions, according to people familiar with the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapThese Are the Best Countries for Wealthy ExpatsBond Investors Are Lining Up to Fund the War Against PutinFollowing an in-depth review, Prime Minister Giorgia Meloni’s cabinet decided Mond

(Bloomberg) -- Italian Prime Minister Giorgia Meloni said concerns about the efficiency and security of her country’s armed forces were behind a government decision to veto the takeover by France’s Safran SA of a local aerospace business.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageMcKinsey and Its Peers Are Facing

Italy’s government stepped in to limit the influence of China’s Sinochem over Formula One supplier Pirelli SpA, citing concern about data collected by sensors in the company’s tires.

Countries such as Germany and Italy are following the Netherlands’ example and studying export and investment controls adopted by the US

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