(Bloomberg) -- UniCredit SpA and Banca Popolare di
Milano Scrl announced a combined 27.5 billion euros ($37.2
billion) of takeovers yesterday as Italian banks compete for
branch networks in Europe's most profitable major market.
UniCredit will purchase Rome-based Capitalia SpA for 21.8
billion euros and Popolare Milano will buy Banca Popolare
dell'Emilia Romagna Scrl for 5.65 billion euros.
Read more at Bloomberg Bonds News
Milano Scrl announced a combined 27.5 billion euros ($37.2
billion) of takeovers yesterday as Italian banks compete for
branch networks in Europe's most profitable major market.
UniCredit will purchase Rome-based Capitalia SpA for 21.8
billion euros and Popolare Milano will buy Banca Popolare
dell'Emilia Romagna Scrl for 5.65 billion euros.
Read more at Bloomberg Bonds News
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