(Reuters) – British hedge fund Caius Capital said on Monday it would be “untenable” for UniCredit SpA (CRDI.MI) to undertake any major transaction before issues Caius has raised regarding regulatory treatment of the bank’s core capital are resolved.
The Financial Times reported on Sunday that UniCredit — Italy’s top bank by assets — was exploring a merger with France’s Societe Generale SA (SOGN.PA).
Hedge fund Caius says any UniCredit deal untenable until capital query resolved
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