The negotiation of Intesa Sanpaolo with Unicredit e kkr to create a vehicle dedicated to the restructured loans of the two Italian banks. The managing director of Intesa Sanpaolo, Carlo Messina, said it yesterday, on the sidelines of the presentation of the chair that bears the bank's name at Bocconi University.
"I see the reasonable possibility of closing in the autumn", he added, specifying that at the moment the most delicate points to be resolved in view of the final agreement are not the authorizations of Bank of Italy, but "qualitative elements".
Meanwhile, after yesterday's collapse, both Intesa (+1,6%) and Unicredit (+1,27%) shares partially recovered in Piazza Affari this morning.
