UBS Agreed Up to €700 Million Loan for ION's Equity in Prelios

(Bloomberg) -- UBS Group AG has committed to give a loan of up to €700 million ($757 million) to an ION Group holding company slated to take control of Italian asset manager Prelios SpA, in an arrangement that may be extended as the fintech giant awaits a green light from the government. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Data: Markets Wra

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