UniCredit Mulls Cutting Back on Leasing Sale, Bloomberg Reports
15 July 2022 - 11:23PM
Dow Jones News
--UniCredit is considering scaling back its leasing-unit sale
after it received disappointing initial bids for the business,
below its expectations of at least EUR350 million, Bloomberg News
reports, citing unnamed sources.
--The Italian bank is reviewing alternatives, including the sale
of a smaller piece of its assets, Bloomberg says, citing the
sources.
--UniCredit declined to comment when contacted by Dow Jones
Newswires.
Full story: https://bloom.bg/3RzkKh9
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
July 15, 2022 09:08 ET (13:08 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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