A Peace treaty signed between the Quadruple Alliance and Spain
forces Philip V to give up all the territory seized by Spain in the
foregoing war. Holy Roman Emperor Charles VI gives up his claim to
the throne of Spain, and Philip V renounces his claims in Italy,
but demands that his son Charles be allowed to succeed to the
Duchies of Parma of Piacenza and the lands in Tuscany after the
death of childless Antonio Farnese. Savoy gains the lands of
Sardinia, making the Duke of Savoy henceforth King of Sardinia, but
in return Savoy has to give up Sicily.
Citation:
Editors. "Peace treaty is signed between the Quadruple Alliance and Spain".
The Literary Encyclopedia. First published 01 April 2011
[http://www.litencyc.com/php/stopics.php?rec=true&UID=17243, accessed 21 May 2013.]