Italian Unicredit Expected to Bid Eur450m for Seb Units in Germany

Summary


MANAVIGATOR-April 22, 2010-Italian UniCredit expected to bid EUR450m for SEB units in Germany (C)2010 M2 COMMUNICATIONS http:// www.m2.com

Italian bank UniCredit (BIT:UCG) is expected to place a EUR450m (USD607m) offer for Swedish SEB's 170 branches in Germany late on Thursday, Italian newspaper, Il Messaggero reported without citing sources.

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Italian Unicredit Expected to Bid Eur450m for Seb Units in Germany

UniCredit will bid for the SEB unit...

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