UniCredit's Ukrainian unit to carry out $250 mln cash call

April 2, 2015 11:12 AM

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MILAN, April 2 (Reuters) - The Ukrainian unit of Italian bank UniCredit said on Thursday it would carry out a $250 million capital increase to strengthen its balance sheet following the crisis that hit the former Soviet republic.

"This amount of money is aimed to close the page of all the troubles arisen in Ukraine," the unit's Chief Executive Graziano Cameli said in a statement.

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