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Mediocredito opens exclusive talks to sell former Popolare di Bari

Original: bdm banca

Mediocredito Centrale has started exclusive negotiations with Credem for the sale of the former Banca Popolare di Bari, according to La Gazzetta del Mezzogiorno. The talks mark a new step in the restructuring of the Tuscan-lender rescue vehicle's assets, with Credem emerging as the sole bidder for the bank, once part of the troubled Bcc di Bari group.

Why now: News of an exclusive sale negotiation for the former Popolare di Bari is fresh and significant for Italian banking watchers in Puglia.

Mediocredito CentraleCredemBanca Popolare di BariLa Gazzetta del Mezzogiorno

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Evidence

• L'ex Popolare di Bari verso la vendita: Mediocredito avvia trattativa in esclusiva con Credem · La Gazzetta del Mezzogiorno

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