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Banca Carige commissioner expects offers from buyers in 1st half of April

Fabio Innocenzi, one of the commissioners tapped to run struggling Italian lender Banca Carige SpA, said he expects offers from potential buyers interested in the bank in the first half of April, Reuters reported.

Innocenzi also confirmed that Carige will complete the sale of unit Creditis Servizi finanziari SpA to British investment firm Chenavari Investment Managers in the week of March 25. Banca Carige agreed in December 2017 to sell an 80.1% stake in the consumer credit business to Chenavari for a consideration of €80.1 million.