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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Allianz Ag Muenchen Namen (PK) | USOTC:ALIZF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.77 | 1.30% | 293.90 | 280.82 | 293.90 | 293.90 | 293.90 | 293.90 | 1 | 15:35:53 |
From Jul 2019 to Jul 2024
The board of UniCredit SpA (UCG.MI) will meet Sept. 30 to prepare and approve the necessary documentation requested by the Bank of Italy on the Libyan investments in the bank.
In an emailed statement, UniCredit said that its governance committee met Wednesday and discussed the recent stake acquisition of Libya's sovereign fund, Libyan Investment Authority, or LIA.
UniCredit also said that its chairman, Dieter Rampl, will seek all the "necessary insight" into the Libyan stake in order to provide full information to the members of the board.
Libya Investment Authority, in a surprise move in August, announced it had acquired a 2.08% UniCredit stake.
According to Italian market watchdog Consob's website, the Libyan fund acquired the stake at the end of July, just a few days before the UniCredit board met. Rampl criticized UniCredit Chief Executive Alessandro Profumo for not having informed him and the board of the Libyan move. Profumo said Monday that he didn't invite the LIA to invest in the Milan-based lender, saying that it had acted independently.
-By Sabrina Cohen, Dow Jones Newswires; +39 02 5821 9906; sabrina.cohen@dowjones.com
1 Year Allianz Ag Muenchen Namen (PK) Chart |
1 Month Allianz Ag Muenchen Namen (PK) Chart |
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