Banca Carige CEO says group open to mergers but does not rule out standalone strategy
Piero Luigi Montani, the CEO of listed Italian bank Banca Carige, says that the lender would consider interesting merger offers. In an interview with Italian language daily Il Sole 24 Ore, Montani said that there were concrete negotiations at present despite rumours that talks had taken place with listed Italian bank BPM.
Montani also told Il Sole that a merger would only be considered if it gave value to shareholders and that Banca Carige was willing to pursue a standalone strategy.
Banca Carige has a market cap of EUR 1.038bn.
Il Sole 24 Ore