Banks plan exclusive talks on Italy's ICBPI sale in May

April 8, 2015 5:24 PM

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MILAN, April 8 (Reuters) - The owners of Italy's Istituto Centrale delle Banche Popolari (ICBPI) plan to enter exclusive talks in May with the preferred bidder for the 2-billion euro ($2.2 billion) banking services provider, two sources close to the matter said on Wednesday.

Three groups of international investors are interested in buying ICBPI, which earns fees on payment, clearing and credit card services provided to its owners -- a group of Italian cooperative banks.

Also read: ECB sets Banco Popular's 2017 capital level at 7.875 percent

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