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BlackRock holds 5.149 percent of Italy's Popolare Milano - Consob
May 13, 2014 / 1:35 PM / 3 years ago

BlackRock holds 5.149 percent of Italy's Popolare Milano - Consob

MILAN (Reuters) - BlackRock Inc (BLK.N) holds a 5.149 percent stake in Italian cooperative lender Banca Popolare di Milano PMII.MI as of May 6, according to a filing from market regulator Consob on Tuesday.

The stake in the Milan-based bank, which is held through various funds, is the latest of a series of investments by the U.S. fund manger in Italian lenders.

BlackRock is now Popolare di Milano’s second biggest shareholder.

Reporting by Danilo Masoni, editing by Silvia Aloisi

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