UBI Banca investor group nearly doubles stake to 6.94%

Credit: REUTERS/© Stefano Rellandini / Reuters

MILANO, May 27 (Reuters) - Patto dei Mille, a group of 95 investors in UBI Banca UBI.MI, said on Monday it had nearly doubled its stake in the Italian retail bank to 6.94%.

The group, the lender's biggest shareholder, is made up of businessmen coming from the city of Bergamo in the North of Italy.

(Reporting by Gianluca Semeraro; editing by Stephen Jewkes)

((gianluca.semeraro@tr.com; +39 02 6612 9503 Reuters messaging:gianluca.semeraro.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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