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BRIEF-Italy's Cattolica rules out cash call, stake building in Banco BPM deal
October 20, 2017 / 12:17 PM / a month ago

BRIEF-Italy's Cattolica rules out cash call, stake building in Banco BPM deal

Oct 20 (Reuters) - The chairman of Italian insurer Cattolica:

* rules out capital increase to fund a potential bancassurance deal with Banco BPM

* excludes buying into Banco BPM capital after expected bancassurance deal

* says transformation of group into a joint stock company is not on the board’s agenda Further company coverage: (Reporting by Milan Newsroom)

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