S&P Global Market Intelligence presents In Play Today, a periodic summary of potential deal activity in the financial sectors of Europe, the Middle East and Africa. This summary, which is displayed according to the location of a target's headquarters, is based on information obtained by S&P Global Market Intelligence and may not be inclusive of all potential deal activity.
* SIX Group AG's SIX Swiss Exchange Ltd. is considering a potential acquisition of a stock exchange based in the EU, should the ban on trading of Swiss equities in the bloc continue or escalate, insiders told Bloomberg News. Spain's Bolsas y Mercados Españoles Sociedad Holding de Mercados y Sistemas Financieros and Austria's Wiener Börse AG are among the potential targets, according to one of the sources.
* European insurers, including France's CNP Assurances SA and Italy's Società Cattolica di Assicurazione SC, are looking to acquire a controlling stake in the insurance arm of Italian lender Unione di Banche Italiane SpA, sources told Reuters. UBI Banca intends to sell about 60% to 70% of the unit and intends to receive binding bids at the end of September.
* Lloyds Banking Group PLC entered into exclusive discussions to acquire a £3.7 billion mortgage loan book from Tesco Personal Finance PLC, or Tesco Bank, according to Sky News. Santander UK Group Holdings PLC and Royal Bank of Scotland Group PLC were also reportedly interested in the portfolio.
* U.S. fund Parus Marine and Hong Kong-based Pacific World Fund Management reportedly expressed interest in acquiring Public Stock Co. Orient Express Bank's stake in Luxembourg-based International Financial Technology Group. The potential buyers reportedly value the IFTG stake at between 2.1 billion Russian rubles and 2.6 billion rubles.
* Ukrainian companies Evropeyske oschadne tovaristvo, FC Geneva and Кreditna ustanova Investitsiyna are understood to be interested in acquiring the shares of State Development Corp. VEB.RF's Ukrainian unit PSC Prominvestbank that were put up for sale via an auction. The Kyiv Court of Appeals approved the sale after another local court ordered a ban on the proceedings.