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FountainVest secures Italy's nod to buy major stake in EuroGroup Laminations

ROME, Jan 14 (Reuters) - Asian private equity firm FountainVest secured backing from the Italian government to buy a majority stake in electric motor component maker EuroGroup Laminations EGLA.MI, a document sent to parliament showed, as part of a plan to take the company private.

The Italian government cleared the deal subject to conditions under so-called golden power rules aimed at shielding strategic assets, the document added.

 (Reporting by Giuseppe Fonte, editing by Gianluca Semeraro)

 ((giuseppe.fonte@thomsonreuters.com; +390680307711;))

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