Italy Exchange to Rule on Pop. Vicenza Listing After Stock Sale

Updated on
  • Rescue fund bought most bank shares after buyers balked
  • Investor offers are contingent on bank's listing going ahead

Italian regulators will decide as soon as Monday whether Banca Popolare di Vicenza SpA is eligible for a listing on the Milan exchange after investors showed little interest in the lender’s 1.5 billion-euro ($1.7 billion) capital increase and a government-orchestrated rescue fund had to step in to buy most of the shares.

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