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28 May 2012

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Italian banks to inject further E150m equity into Risanamento

Italian banks are to inject another E150m into struggling Milan-based listed group Risanamento in a capital increase that runs until 4 February. The banks, which will subscribe in full, are led by

Intesa San Paolo at 56.56%, UniCredit 22.64%, Bpm 10.49%, Banco Popolare 5.57% and Mps, the investment bank of Sienna's Monte dei Paschi, at 4.72%.

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