Cerved hires Mediobanca to study options for bad loan unit

Italian credit information and management group Cerved said it had hired Mediobanca to assess strategic options for its bad loan unit, confirming a report in the Italian daily Il Sole 24 Ore.

MILAN, Sept 3 (Reuters) - Italian credit information and management group Cerved CERV.MI said it had hired Mediobanca MDBI.MI to assess strategic options for its bad loan unit, confirming a report in the Italian daily Il Sole 24 Ore.

"Such an assessment is still at a preliminary stage and no decision has been taken," the company said on Tuesday.

(Reporting by Valentina Za, editing by Louise Heavens)

((valentina.za@thomsonreuters.com; +39 02 6612 9526;))

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