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Veneto Banca enters advanced talks with Attestor, BRM Barents over BIM sale
September 7, 2017 / 7:05 PM / 16 days ago

Veneto Banca enters advanced talks with Attestor, BRM Barents over BIM sale

MILAN, Sept 7 (Reuters) - Italian lender Veneto Banca said on Thursday it would start advanced talks with investment funds Attestor Capital and BRM Barents SCA over the sale of a stake in Banca Intermobiliare (BIM).

Veneto Banca aims to sign a contract for the disposal of BIM by the end of September, it said in a statement.

Veneto Banca, which was put under liquidation last June, owns 71 percent of BIM, according to BIM’s website.

Reporting by Francesca Landini

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