Patrizio Pazzaglia Quotations

I think diplomatic negotiations will go on behind the scenes. GM needs to get rid of this sword of Damocles and court is a risk -- it could go either way.

The sooner the share offering happens, the better it is in terms of investor confidence because it would redress some of the disasters investors have had to deal with.

The whole arrangement is seen as a trial period until a shareholders meeting in April or May. Then the top management line-up and industrial plan will be evaluated.

This (IPO) represents a test for the sector. We've been disappointed with results - and this isn't an Italian phenomenon, but a European one.

The new company will be a formidable group and able to follow a more expansive strategy. Competition is done with economies of scale. It will be able to diversify into sectors such as ports and airports.

The company has moved a lot of its production abroad and that should help it increase future profit margins and keep its growth targets.