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Boom Time Hits Italian M&A as Renzi Delivers Relative Stability

How Italy's political calm is boosting business
relates to Boom Time Hits Italian M&A as Renzi Delivers Relative Stability
Photographer: Thierry Charlier/AFP via Getty Images

As much of Europe is buffeted by political turmoil, a period of relative stability under Prime Minister Matteo Renzi is helping to drive a boom in mergers and acquisitions in Italy.

Deals targeting Italy surged more than 400 percent year-on-year to a total value of $19.3 billion, according to data compiled by Bloomberg. That's more than any other country in the euro region and compares with a 14 percent increase across Europe as a whole.