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Friday, August 25, 2017

UPDATE 2-Italy's markets watchdog sanctions Petrofac CEO Ayman Asfari

Italy's markets watchdog has imposed sanctions on Petrofac Ltd CEO Ayman Asfari, including a 300,000 euro fine, in relation to dealing in shares of an Italian company, Petrofac said on Thursday. The investigation by the Italian National Commission for Companies and the Stock Exchange was in relation to a transaction made in 2012 involving the shares of a listed Italian company, Asfari said in a statement.

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