--UniCredit is considering scaling back its leasing-unit sale after it received disappointing initial bids for the business, below its expectations of at least EUR350 million, Bloomberg News reports, citing unnamed sources.

--The Italian bank is reviewing alternatives, including the sale of a smaller piece of its assets, Bloomberg says, citing the sources.

--UniCredit declined to comment when contacted by Dow Jones Newswires.

 

Full story: https://bloom.bg/3RzkKh9

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

July 15, 2022 09:08 ET (13:08 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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