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Stock Market & Financial Investment News

News Breaks
March 17, 2014
07:52 EDTUNCFFUniCredit likely to tab Pioneer Investments as next disposal, FT says
UniCredit, which as already said it plans to float a minority stake in its online consumer finance bank and to sell its debt collection business as part of its disposal program to shore up its balance sheet, is likely to target its Pioneer Investments asset management business to be the next asset put up for sale or flotation, said Financial Times, citing people familiar with the bank’s thinking. Reference Link
News For UNCFF From The Last 14 Days
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October 24, 2014
06:44 EDTUNCFFUniCredit CEO likely to select Prelios, Fortress for UCCMB bid, Reuters says
Unicredit (UNCFF) CEO Frederico Ghizzoni said that the company is negotiating with a group comprising of Fortress (FIG) and Prelios on the divestiture of its division Unicredit Credit Management Bank and could potentially enter exclusive discussions soon, according to Reuters, citing comments from Ghizzoni. Reference Link
October 13, 2014
06:42 EDTUNCFFUniCredit to push ahead with sale of UCCMB bad loan unit, Reuters says
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