We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Finecobank SpA | BIT:FBK | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.19% | 16.045 | 15.83 | 16.11 | 16.075 | 15.825 | 15.90 | 1,500,079 | 02:01:19 |
From Jul 2019 to Jul 2024
By Liam Moloney
ROME--UniCredit SpA (UCG.MI) said Tuesday it has put a stake in financial services company FinecoBank SpA (FBK.MI) up for sale for about 328 million euros ($364.1 million), as part of the Italian bank's focus to boost capital.
In a statement, Italy's biggest bank by assets said it placed the 10% stake in FinecoBank via an accelerated bookbuilding process at a price of EUR5.40 a share. UniCredit said it will hold a 55.4% stake in the financial services company once the placement is completed.
The sale will boost UniCredit's common equity Tier 1 ratio, which gauges capital solidity, by about eight basis points.
UniCredit announced its intention to sell the FinecoBank stake on Monday.
Write to Liam Moloney at liam.moloney@wsj.com
(END) Dow Jones Newswires
July 12, 2016 03:38 ET (07:38 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Finecobank Chart |
1 Month Finecobank Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
