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KM Financial Solutions | Italian bank stocks surge after Intesa launches surprise bid for UBI
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Italian bank stocks surge after Intesa launches surprise bid for UBI

17 Feb Italian bank stocks surge after Intesa launches surprise bid for UBI

Posted at 08:54h in News by
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Intesa Sanpaolo’s
surprise 4.86 billion euro ($5.26 billion) bid for smaller rival
UBI Banca, announced overnight, sent Italian bank
stocks surging on Tuesday
as it kicked off a long-awaited consolidation of the sector.

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