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Fondiaria Creditors Seek Private Equity Investors, Sole Reports

Dec. 27 (Bloomberg) -- Fondiaria SAI SpA’s main creditors, Mediobanca SpA and UniCredit SpA, are seeking to involve private equity firms in the Italian insurer’s planned 750 million-euro ($980 million) capital increase, daily Il Sole 24 Ore reported, citing no one.

Clessidra SGR SpA may be interested in buying shares, according to the Italian newspaper. Geox SpA founder Mario Moretti Polegato and other potential investors have also been sounded out, Sole reported.

To contact the reporter on this story: Armorel Kenna in Milan at akenna@bloomberg.net

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net

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