Carige said Tuesday that
Italian stock-market regulator CONSOB has approved the
documentation for its capital increase.
The bank said the operation will start Wednesday, November
22.
The European Central Bank demanded the 560-million-euro
capital increase to ensure the bank remains viable.
The share was suspended on Friday in relation to uncertainty
about the cash call.
But the suspension was revoked after Carige said Saturday
that it had won the support of underwriters and core
shareholders.
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