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MED Igeamed Spa

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0.00 (0.00%)
Share Name Share Symbol Market Type
Igeamed Spa BIT:MED Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Intesa CEO Confirms Fideuram Unit's Interest In Banca Sara

13/10/2010 5:05pm

Dow Jones News


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MILAN (MF-Dow Jones)--Intesa Sanpaolo SpA's (ISP.MI) chief executive said Wednesday the Italian bank's asset management arm Fideuram is examining a potential purchase of Banca Sara.

"We're looking at it," Corrado Passera told reporters on the sidelines of an event.

Early in the day, business daily Finanza e Mercati said Fideuram could be interested in buying Banca Sara, a unit of Sara Assicurazioni, an insurer controlled by an automobile association.

Sara has renewed its search for a buyer for Banca Sara after failing to reach a deal with a number of contenders including Mediolanum SpA (MED.MI).

At 1524 GMT, Intesa's stock was 2.62% higher at EUR2.54 in Milan.

-By Alessandro Mocenni, MF-Dow Jones; Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908; gilles.castonguay@dowjones.com

 
 

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