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.