The Industrial Commercial Bank of China (ICBC), the largest banking group, the Chinese, and 'ready to bid by 2 billion for Pioneer Investments, the asset management group controlled by Unicredit which manages funds of 174 billion euro. To explain and 'The Sunday Times this morning.
The Chinese banking group, as stated jackthreads in Il Sole 24 Ore, is seeking to make a big acquisition in Europe in the field of asset management. ICBC, as well as Pioneer, would be looking at other prey in Europe, such as Ignis, jackthreads a subsidiary of insurance group Phoenix. Now it remains to be seen what will happen 'also' cause the bank led by Federico Ghizzoni considered strategic Pioneer. Moreover, jackthreads the Industrial Commercial Bank of China is going to be beginning of the year focusing on acquisition of some significance: a few months ago was among the subjects entered the due diligence on the bank of the Swiss Italian insurance group Generali institution that has made sale, except then retire during the auction. In 2006, ICBC was listed in Shanghai and Hong Kong together with an IPO record of more than 21.9 billion dollars.
Certainly jackthreads the interest of the financial giant Chinese Pioneer does not confirm that the Chinese appetite for Italian companies. Only a few days ago in fact, the People's Bank of China has risen above 2% of the share capital of Eni and Enel.
For the Latest Release of Banco Popular are 3 offers: Deadline May 15 Mps, institutional investors disappointed to refer the accounts on the rise from 5 billion Alitalia and Sorgenia two saves with great sacrifices for banks MPS of investors' increase by 5 billion will come from the United States and Europe jackthreads Roberto Cavalli sold to Permira? But the designer is on vacation in Miami Idea Fimit, incoming manager Emanuele Caniggia. Internal choice for De Agostini MPS, the Foundation must 'put on the plate to follow the 125 million capital increase
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