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BRIEF-UniCredit to launch 13 bln euro cash call in Q1 - CEO
December 13, 2016 / 7:42 AM / a year ago

BRIEF-UniCredit to launch 13 bln euro cash call in Q1 - CEO

Dec 13 (Reuters) - UniCredit CEO Jean-Pierre Mustier says in a call on the bank’s strategy review:

* capital increase to be carried out in the first quarter

* plan is for self-help, not speaking to anyone for tie-ups

* highly confident Monte dei Paschi situation will be resolved by year end and will have no impact on UniCredit’s cash call

* happy to keep Mediobanca stake Further company coverage: (Reporting by Milan newsroom)

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