trending Market Intelligence /marketintelligence/en/news-insights/trending/chomw-xtnocxhqo-excebq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

EC authorizes extension in sales process of 4 bridge banks in Italy

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018

Outdoor/Out-Of-Home Ad Revenue Projections: Digital To Drive Growth

Asia And Europe Continue To Dominate The UHD Scene

S&P Global Market Intelligence

5G Survey: Spectrum, Technology Roadmap Highlights


EC authorizes extension in sales process of 4 bridge banks in Italy

The European Commission authorized an extension of the salesprocess for four small Italian bridge banks — ,Nuova Banca dell'Etruria e del LazioSpA, Nuova Cassa diRisparmio di Ferrara SpA and Nuova Cassa di Risparmio di Chieti SpA.

The sales process aims to maximize the value of the banks,created in November 2015 as part of the resolution of their predecessors, and to ensure that nonew state aid would become necessary, the EC said. At the time ofthe banks' creation, the EC approved state aid to cover the difference betweenthe transferred assets and liabilities and to capitalize the bridge banks.

The timelines of the process are kept confidential toprotect the effectiveness of the sale process, the EC said.

The four bridge banks are the successors to , , CARIFESpA and Cassa diRisparmio della Provincia di Chieti SpA.