Monday, August 13, 2007

Unicredit empowers Capitalia!

UniCredit has entered into agreement terms for buying CapitaliaUniCredit Bank for $29 billion. This would help create the second biggest bank in Europe. The boards of both the banks have approved the takeover components. This completion of this merger would strengthen UniCredit’s position as Italy’s largest bank in terms of market value and also puts a stop to years of speculation as to who would take away Romebased Capitalia in a rapidly consolidating industry.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative