December 21, 2017 / 6:20 PM / 5 months ago

BRIEF-Credit Agricole Completes Acquisition Of Three Italian Savings Banks

Dec 21 (Reuters) - CREDIT AGRICOLE SA:

* CREDIT AGRICOLE SA : ACQUISITION OF THREE ITALIAN SAVINGS BANKS COMPLETED

* ACQUISITION OF 95.3% STAKE IN EQUITY OF EACH OF THREE SAVINGS BANKS IN CESENA, ITALY’S INTERBANK DEPOSIT INSURANCE FUND

* PORTFOLIO OF NON-PERFORMING LOANS TOTALLING AROUND 3 BILLION EUROS GROSS HAS BEEN SECURITISED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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