February 5, 2014 / 5:37 PM / 4 years ago

Italy's Pop Spoleto says special administration extended by 6 months

MILAN, Feb 5 (Reuters) - Italy’s lender Banca Popolare di Spoleto said on Wednesday it would remain under special administration for another six months.

The small-sized bank was put under special administration by the Bank of Italy on Feb. 8, 2013 for a year. Its administrators have been trying to find a buyer since last autumn.

The lender is 25.9 percent owned by troubled Monte dei Paschi. (Reporting by Francesca Landini, editing by Silvia Aloisi)

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