MILAN, April 3 U.S. fund manager BlackRock
, which has bought stakes in several Italian lenders over
the past two months, has a 6.851 percent stake in Italian
cooperative lender Banco Popolare, Italy's market
regulator said on Thursday.
The regulator said in a statement the holding dated back to
March 31, the day on which Banco Popolare launched a 1.5 billion
euro ($2.06 billion) capital increase.
BlackRock is now the biggest shareholder in Banco Popolare,
Monte dei Paschi di Siena and UniCredit. It
is also the second biggest investor in Intesa Sanpaolo.
($1 = 0.7291 Euros)
(Reporting by Silvia Aloisi, editing by Isla Binnie)