June 22, 2018 / 6:55 PM / 5 months ago

Italy's Unipol raises stake in BPER Banca to 14.2 percent

MILAN (Reuters) - Italian financial group Unipol (UNPI.MI) has further raised its stake in BPER Banca (EMII.MI), and now owns 14.23 percent of the country’s sixth-largest bank.

Unipol, which owns the country’s second-largest insurer UnipolSai, earlier on Friday said it had acquired 3.25 percent of BPER Banca, bringing its stake to 13.1 percent.

Reporting by Valentina Za; Editing by Mark Potter

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