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FeedsFarm.com > BPU Banca to Buy Banca Lombarda

BPU Banca to Buy Banca Lombarda

14th Nov 2006, 13:04 GMT

MILAN, Italy (AP) -- Banche Popolari Unite SCARL is buying Banca Lombarda e Piemontese SpA in a 6.2 billion euro ($7.9 billion) stock deal to create Italy's sixth-largest bank by assets, accelerating the consolidation of the nation's fragmented banking sector....

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