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UniCredit SpA (CRDI.MI)

CRDI.MI on Milan Stock Exchange

14.44EUR
5:10am EDT
Change (% chg)

€-0.05 (-0.35%)
Prev Close
€14.49
Open
€14.57
Day's High
€14.58
Day's Low
€14.38
Volume
3,141,584
Avg. Vol
24,735,103
52-wk High
€18.32
52-wk Low
€8.53

Latest Key Developments (Source: Significant Developments)

Credit Agricole confirms sale of Amundi preferential subscription rights
Wednesday, 15 Mar 2017 02:45am EDT 

Credit Agricole /Amundi : Announces successful sale of 56,720,400 Amundi preferential subscription rights for approximately 67 million euros ($71 million) . Sale forms part of Amundi's previously announced 1.4 billion euros rights issue to help finance Amundi's takeover of Pioneer Investments from Italian bank UniCredit [nL5N1GR0PE] .Credit Agricole to hold around 70 pct of Amundi's share capital once the rights issue has been completed, as previously announced.  Full Article

UniCredit end-2016 transitional CET 1 after cash call 11.49 pct
Monday, 13 Mar 2017 01:43pm EDT 

UniCredit says: after completion of capital increase CET 1 transitional ratio at end-2016 at 11.49 percent Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Capital Research held 4 pct of UniCredit on Feb. 28 outside of cash call - filing
Thursday, 2 Mar 2017 12:05pm EST 

UniCredit: Capital Research and Management Company held 4 percent of UniCredit as of Feb. 28, without taking into account participation in capital increase, a filing by market regulator Consob shows . The Los Angeles-based fund previously held a stake in UniCredit of 6.7 percent . La Stampa daily said on Wednesday that Capital Research & Management had strengthened its position as the top shareholder in UniCredit through the share issue and now owns a stake of more than 8 percent in Italy's biggest bank.[nI6N1FU02J] Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Yapi Kredi sells 140-million euro NPL portfolio
Thursday, 2 Mar 2017 06:37am EST 

UniCredit says: Instanbul-based Yapi Kredi sells non performing credit portfolio, composed of credit cards and individual loans, worth total of 140 million euros . sale is part of UniCredit's ongoing strategy to reduce non performing exposure (NPE), but transaction will not impact UniCredit's NPE . Yapi Kredi is 81.8 percent owned by Koc Finansal Hizmetler As, which is in turn 50 percent owned by UniCredit. Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Unicredit CEO says Intesa dropping Generali bid is best outcome
Wednesday, 1 Mar 2017 07:00am EST 

UniCredit Chief Executive Jean Pierre Mustier says: Intesa Sanpaolo's decision not to pursue possible tie-up with insurer Generali "is best possible outcome for Italy" . important for country to have independent, international and bourse listed insurer Further company coverage: [GASI.MI] [ISP.MI] [CRDI.MI] (Reporting by Milan newsroom).  Full Article

UniCredit shares rise 2 pct after cash call almost fully subscribed
Friday, 24 Feb 2017 03:08am EST 

UniCredit: Shares in the Italian lender rise more than 2 percent after it said that its 13 billion euro cash call was almost fully subscribed.[nL8N1G88CR] . In a statement on Thursday, the bank said the cash call had been 99.8 percent subscribed. Unexercised rights will be offered on the Italian bourse from Feb. 27. Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Alitalia to present revised business plan by end-Feb
Thursday, 16 Feb 2017 01:57pm EST 

Italian airlines Alitalia says: Revised business plan to be presented by the end of the month . Etihad Airways reaffirmed its commitment to support Alitalia's turnaround . Challenges remain to achieve cost structure that will allow company to remain competitive . Banking shareholders fully aligned in working towards successful future for airline Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Mediobanca CEO says UniCredit cash call well structured, will have positive outcome
Thursday, 9 Feb 2017 02:00am EST 

Mediobanca CEO Alberto Nagel tells journalists on a post-results conference call: UniCredit cash call well structured and appreciated by investors, will have positive outcome Further company coverage: [MDBI.MI] (Reporting by Milan newsroom).  Full Article

UniCredit shareholders Fondazione Monte, CR Modena to invest up to 96 mln euros in cash call
Tuesday, 7 Feb 2017 05:30pm EST 

UniCredit foundation shareholders Fondazione del Monte di Bologna e Ravenna, Fondazione Cassa di Risparmio di Modena say: have decided to invest up to 96 million euros in UniCredit's 13 billion euro cash call . Monte di Bologna e Ravenna will invest around 11 million euros by subscribing 60 percent of its present stake . Cassa di Risparmio di Modena will invest up to 85 million euros, to hold 0.5 percent of the lender's capital post issue compared to its present 1.4 percent Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

UniCredit shares close down 7 pct in weak sector as cash call starts
Monday, 6 Feb 2017 11:45am EST 

UniCredit: Shares in the Italian lender close down 6.86 percent on first day of its 13 billion-euro capital increase . Shares weakened during the session as Italy's banking index <.FTIT8300> worsened to close down 4.67 percent . Rights to buy into UniCredit's cash call close down 18.85 percent . Italian bond yields spike higher after France's far-right National Front leader Marine Le Pen launched her presidential bid, vowing to take France out of the euro zone . Italy's biggest corporate share sale began on Monday in an attempt to raise 13 billion euros for UniCredit to rebuild the bank's capital after a balance sheet clean up.[nL5N1FR1IY] Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

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