UniCredit starts FinecoBank separation with €1bn share sale

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UniCredit starts FinecoBank separation with €1bn share sale

Aidan Gregory
May 07, 2019 05:30 PM
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The formal separation of FinecoBank, the Italian online brokerage, from UniCredit has begun with Italy’s biggest bank selling almost half stake to institutional investors via an equity block trade – a strategy UniCredit has used numerous times in the past to shed non-core assets under its CEO Jean-Pierre Mustier.

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ItalyJP MorganUBSEquityEMEAPeople and MarketsBank StrategyABBs-Block TradesFIG People and MarketsEuropeUniCreditFIGEquity People and Markets
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Aidan Gregory
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