Sunday, May 20, 2007

Capitalia, UniCredit to create second-largest bank in Europe

UniCredit, Capitalia about to create bank giant (Reuters)

A man walks past the entrance to a Unicredit bank office in Rome May 18, 2007. Capitalia looks set to be acquired for nearly 22 billion euros by larger rival UniCredit to create Europe's second-largest bank, as the boards of both banks meet on Sunday to approve a takeover. (Dario Pignatelli/Reuters)Reuters - Capitalia looks set to be acquired for nearly 22 billion euros by larger rival UniCredit to create Europe's second-largest bank, as the boards of both banks meet on Sunday to approve a takeover.


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