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Report: Credito Valtellinese appoints Mediobanca to advise on future

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Report: Credito Valtellinese appoints Mediobanca to advise on future

Credito Valtellinese SpA appointed Mediobanca to advise it on measures it could take after its transformation into a joint-stock company, MF reported Jan. 17.

A merger with BPER Banca SpA is the most likely of several options, according to analysts, the newspaper said.

Meanwhile, the latter lender is expected to submit an offer of "very close to €1" for CARIFE SpA on Jan. 24, MF added.