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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Unicredit Spa | BIT:UCG | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.49 | -1.40% | 34.58 | 34.51 | 34.82 | 35.25 | 34.54 | 35.095 | 8,234,527 | 17:00:00 |
From May 2019 to May 2024
By Pietro Lombardi
Italian banks Intesa Sanpaolo SpA (ISP.MI) and UniCredit SpA (UCG.MI) on Wednesday completed the sale of their 11.176% stake in French mining and metallurgical group Eramet SA (ERA.FR) for EUR169.4 million ($202.6 million).
Intesa Sanpaolo and UniCredit sold all the shares they had in Eramet, 7.114% and 4.062% respectively, at EUR57 per share, the lenders said in a statement.
Banca IMI, the investment bank of the Intesa Sanpaolo Group, BNP Paribas and UniCredit Corporate & Investment Banking are joint bookrunners.
Eramet shares trade at EUR57.28, down 9.87%.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
September 13, 2017 03:44 ET (07:44 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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