Italian bank UniCredit is pondering a merger with France's Societe Generale, the Financial Times reported Sunday.

According to the report, UniCredit hasn't made a formal approach to the French bank. However, directors at Societe Generale have been studying a possible merger as well, the Financial Times said, citing people close to the situation. Figures on both sides said talks are still in the early stages.

 

Full story: https://www.ft.com/content/b87ee262-6723-11e8-b6eb-4acfcfb08c11

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

June 03, 2018 21:09 ET (01:09 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Unicredit (BIT:UCG)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Unicredit.
Unicredit (BIT:UCG)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Unicredit.