The proposed disposal is part of strategies outlined in the 2014-2018 business plan, as proposed by CEO Piero Luigi Montani and approved by the board on 27 March 2014.
The divesture of Carige Vita Nuova and Carige Assicurazioni will enable the Italian bank to shore up the required capital, ahead of a regulatory health check.
Go deeper with GlobalData
In this transaction, Banca Carige has been advised by Mediobanca – Banca di Credito Finanziario, together with Leonardo & Co and Legance Avvocati Associati.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
