UniCredit agrees to buy Capitalia in $29 bln deal (Reuters)

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May 20th, 2007, 02:03 PM

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UniCredit agrees to buy Capitalia in $29 bln deal (Reuters)

Reuters - Italy's UniCredit has agreed to
buy smaller rival Capitalia for more than $29 billion
in shares to create Europe's second biggest bank, with branches
stretching from Sicily to Eastern Europe.

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