UniCredit starts FinecoBank separation with €1bn share sale

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Equity
ABBs-Block Trades

UniCredit starts FinecoBank separation with €1bn share sale

Aidan Gregory
May 07, 2019 05:30 PM
fineco_alamy_230x150
HT1MN2 Milan, Italy - April 15, 2016: Fineco bank logo on wall. Fineco bank is an Italian financial service company that specialize in online brokerage | Alamy Stock Photo

The formal separation of FinecoBank, the Italian online brokerage, from UniCredit has begun with Italy’s biggest bank selling almost half stake to institutional investors via an equity block trade – a strategy UniCredit has used numerous times in the past to shed non-core assets under its CEO Jean-Pierre Mustier.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

ItalyJP MorganUBSEquityEMEAPeople and MarketsBank StrategyABBs-Block TradesFIG People and MarketsEuropeUniCreditFIGEquity People and Markets
AG
Aidan Gregory
Gift this article