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Carige shareholder placing stake at 0.435-0.48 euros/shr - source
May 20, 2014 / 4:42 PM / 3 years ago

Carige shareholder placing stake at 0.435-0.48 euros/shr - source

MILAN, May 20 (Reuters) - The top foundation shareholder of Italy’s Banca Carige is placing a 15 percent stake in the lender in a range of 0.435 to 0.48 euros per share, a market source said on Tuesday.

Banca IMI and Credit Suisse Securities are joint-bookrunners of the offer which is reserved for institutional investors.

Reporting by Elisa Anzolin, editing by Paola Arosio

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