Previous close | 36.49 |
Open | 36.48 |
Bid | 36.60 x 0 |
Ask | 36.60 x 0 |
Day's range | 36.48 - 36.48 |
52-week range | 17.99 - 36.48 |
Volume | |
Avg. volume | 175 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
UniCredit studies every possible acquisition target for the bank, Chief Executive Andrea Orcel told the Financial Times in an interview, ruling out interest in Societe Generale. Citing people with knowledge of its Russia exposure, the newspaper also reported that UniCredit would book provisions for potential losses in its next quarterly results after a court-ordered seizure of some of its assets in Russia. A St Petersburg arbitration court last week seized 463 million euros ($503 million) in shares and other securities, accounts and property, or 5% of UniCredit's Russian assets, in a case over a gas plant project that was aborted due to Western sanctions.
Italian Foreign Minister Antonio Tajani expressed concern at a meeting on Monday about a Russian court's decision to seize securities, accounts and property amounting to 5% of bank UniCredit's assets in the country. The meeting brought together representatives from UniCredit and various Italian ministries, as well as of Italian companies with operations in Russia. "We want to safeguard in every possible way the interests of our companies still operating in Russia," Tajani said in a statement.
Italy's foreign minister and officials will meet on Monday to discuss Russia's recent action to seize assets or impose restrictive measures on Italian companies including UniCredit, sources with knowledge of the matter said. On Friday a Russian court ordered that UniCredit's assets, accounts and property, as well as shares in two subsidiaries, be seized as part of a lawsuit over an aborted gas project in Russia involving the Italian bank, court documents showed. The sources said on Sunday that the legal action against Unicredit and the difficult situation of other Italian companies with Russian operations would be debated at a meeting on Monday convened by Italy's Foreign Minister Antonio Tajani.