Italy's Piedmont, Merrill Lynch settle dispute over 2 derivatives
MILAN, June 25
MILAN, June 25 (Reuters) - Italian region Piedmont and Merrill Lynch said on Tuesday they had settled a dispute over two derivative contracts stipulated in 2006 to cover bond issues by the region.
"The parties... have reached a completely satisfactory agreement which will avoid any long and costly legal proceedings," the parties said in a statement.
No details were given on the contracts.
(Reporting by Stephen Jewkes)
- Comedian Joan Rivers 'resting comfortably' at hospital |
- In town halls, U.S. lawmakers hear voter anger over illegal migrants |
- No criminal charges in fatal gun range shooting by nine-year-old girl
- IBM launches Watson system for research, hopes for breakthroughs
- Chinese interceptions of U.S. military planes could intensify due to submarine base