KM Financial Solutions | UPDATE 1-Italy’s UBI Banca can weather crisis as profit tops forecast
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UPDATE 1-Italy’s UBI Banca can weather crisis as profit tops forecast

UPDATE 1-Italy’s UBI Banca can weather crisis as profit tops forecast

Italy’s UBI Banca, the target of
an unsolicited takeover bid by rival Intesa Sanpaolo, said on
Friday it could weather the coronavirus crisis as it reported
better than expected net profit for the first quarter.

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