Internazionale Holding Fiat, an unit of Italian vehicle manufacturing group Fiat SpA, has sold its entire stake in Banca Unione di Credito di Lugano (BUC), a Switzerland-based small bank, to Banca Svizzera Italiana (BSI), an asset management subsidiary of Italian insurer Assicurazioni Generali SpA for €260m (US$327.5m).
In a joint …
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