KM Financial Solutions | Intesa gets ECB nod for UBI takeover, waives ‘MAC’ clause
74401
post-template-default,single,single-post,postid-74401,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

Intesa gets ECB nod for UBI takeover, waives ‘MAC’ clause

Intesa gets ECB nod for UBI takeover, waives ‘MAC’ clause

Italian bank Intesa Sanpaolo
said on Friday it had received European Central Bank
authorisation to take over smaller rival UBI Banca,
adding it was waiving a clause that would have allowed it to
drop the deal due to COVID-19.

No Comments

Sorry, the comment form is closed at this time.