Investors to run IPO rule over complex Unipol-Sai tie-up
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Investors to run IPO rule over complex Unipol-Sai tie-up

Rights issues of €2.2bn backing the Unipol-led merger of four Italian insurance groups got going on Monday, with subscriptions opening and roadshows taking place. However trading got off to a mixed start — the deal is complex, involving four separate lines of stock and associated rights — and was highly volatile on tiny volumes this week.

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