Deals
Banco Popolare, Pop. Milano Rise Ahead of Weekend Merger Vote
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Banco Popolare SC and Banca Popolare di Milano Scarl rose the most among the biggest European banks on optimism that shareholders will back their merger to create the country’s third-largest lender.
Banco Popolare was trading 4 percent higher at 10:22 a.m. Friday in Milan while Pop. Milano was up 4.9 percent. That compares with a 1.6 percent increase in the Stoxx Europe 600 Banks index.