UniCredit acts fast to sell FinecoBank block

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UniCredit acts fast to sell FinecoBank block

Sam Kerr
May 08, 2019 02:15 pm
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DW975J UniCredit Tower, headquarters of the Italian bank UniCredit, Milan, Lombardy, Italy | Alamy Stock Photo

UniCredit surprised investors with its speed when it sold a €1bn block in FinecoBank on Tuesday — the same day it announced that it would seek to reduce its stake in the online brokerage.

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ItalyJP MorganUBSEquityABBs-Block TradesEuropeUniCreditEMEAFIG
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Sam Kerr
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