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Shareholders give their nod to merger of Italy's Banco Popolare, BPM

Monday, October 17, 2016 - 05:50

Milan

BANCO Popolare and BPM shareholders on Saturday voted to merge the two banks under an accord that will create Italy's third-largest lender and consolidate the country's troubled banking sector.

As expected, the "yes" vote won easily at Banco Popolare, with some 23,683 votes

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