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Intesa bid 'hostile, unacceptable' - UBI

UBI healthy says CAR

Redazione Ansa

(ANSA) - Milan, February 20 - The bid by Italy's biggest bank Intesa Sanpaolo to take over its fifth-biggest lender UBI Banca is "hostile and unacceptable", the CAR 'pact' representing 17.8% of UBI's capital said Thursday.
    CAR added that UBI was a "healthy" bank.
   

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