CaRiFirenze Sells 0.6% Stake in Intesa for $384 Million

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Ente Cassa di Risparmio di Firenze, the fifth-biggest shareholder in Intesa Sanpaolo SpA, sold a 0.6 percent stake in the Italian lender for 349.5 million euros ($384 million) to comply with new rules limiting foundations’ holdings in a single asset.

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