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A large U.S. investment bank is considering building up a 10% stake in Italy's Banca Popolare di Sondrio, Il Sole 24 Ore newspaper reported on Thursday, without citing sources or naming the investor. The move would also pave the way for the entry of UniCredit in the group's shareholding, the newspaper said, without giving further details and adding that UniCredit declined to comment. Banca Popolare di Sondrio declined to comment on the report. ....
The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and Eastern Europe, said at the Euromoney conference in Vienna on Tuesday. ....
CEE economies, including Romania, will not suffer any fiscal and budgetary expense cutback pressures in 2024 as the year is a crucial electoral one and governments must be generous and throw money onto the market to counter the rise of populist parties, which are gaining ground. ....
The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and Eastern Europe, said at the Euromoney conference in Vienna on Tuesday. ....