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Andrea Mandala

Banks put 9 euro per share price on Italy's Nexi IPO: sources

Apr 11 2019

MILAN Italian payment group Nexi's initial public offering has been priced at 9 euros per share in a 2 billion euro deal set to be one of Europe's biggest IPOs this year, sources close to the process said.

ECB extends deadline for binding bids for Italy's Carige to mid-May: sources

Apr 11 2019

MILAN The European Central Bank has pushed back a deadline to submit binding bids for troubled Italian lender Carige to mid-May so as to give a specialist fund run by BlackRock more time, two sources familiar with the matter said.

U.S fund Varde drops out of bidding for Italian bank Carige: source

Apr 02 2019

MILAN U.S. fund Varde Partners has pulled out of the bidding for troubled Italian bank Carige, a source said on Tuesday, leaving a specialist fund run by BlackRock as the only potential buyer still known to be considering a bid.

Debt-laden payments firm Nexi draws strong demand on first day of IPO

Mar 29 2019

MILAN Italian payments group Nexi's initial share sale drew strong investor demand on its first day, with bookrunners saying orders exceeded the amount on offer in what is likely to be one of Europe's biggest listings this year.

UPDATE 2-Debt-laden payments firm Nexi draws strong demand on first day of IPO

Mar 29 2019

MILAN, March 29 Italian payments group Nexi's initial share sale drew strong investor demand on its first day, with bookrunners saying orders exceeded the amount on offer in what is likely to be one of Europe's biggest listings this year.

UPDATE 1-BlackRock, Varde set to submit bids for Italy's Carige -sources

Mar 25 2019

MILAN, March 25 U.S. funds Varde Partners and BlackRock plan to submit rival bids for troubled Italian lender Banca Carige by mid-April, three sources close to the matter said on Monday.

UPDATE 1-Italian bank Creval changes CEO to prepare new business plan

Feb 25 2019

MILAN, Feb 25 Italian mid-sized bank Creval said on Monday that its chief executive Mauro Selvetti had resigned and would be replaced by chairman Luigi Lovaglio, as shareholders seek a change of strategy.

Italian payment services group SIA may list on stock market: CEO

Feb 20 2019

MILAN Italian payment services group SIA is considering an initial public offering which could value the company at 3.5 billion euros ($4 billion), Chief Executive Nicola Cordone said on Wednesday.

UPDATE 2-Italy's BPER buys top investor Unipol's banking unit for 220 mln euros

Feb 08 2019

MILAN, Feb 8 Italy's BPER Banca has agreed to buy the banking unit of its top shareholder Unipol for 220 million euros ($249 million) in a deal that also freed the bank of 1.3 billion euros in bad loans, it said on Friday.

Italy's BPER buys top investor Unipol's banking unit for 220 million euros

Feb 08 2019

MILAN Italy's BPER Banca has agreed to buy the banking unit of its top shareholder Unipol for 220 million euros ($249 million) in cash, the two groups said on Friday.

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