Banco Popolare CEO sees Pop Milano merger deal within a month

January 30, 2016 9:54 AM

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Banco Popolare CEO sees Pop Milano merger deal within a month

TURIN, Italy Italian cooperative banks Banco Popolare (BAPO.MI) and Banca Popolare di Milano (PMII.MI) should be ready to nail down a merger deal within a month, Banco Popolare's CEO said on Saturday.

Pier Francesco Saviotti said his bank would not need a capital increase to complete the deal.

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