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2 years ago
Popolare Emilia Romagna picks Goldman Sachs as advisor on tie-ups
July 14, 2015 / 6:38 PM / 2 years ago

Popolare Emilia Romagna picks Goldman Sachs as advisor on tie-ups

MILAN, July 14 (Reuters) - Italy's Banca Popolare dell'Emilia Romagna said on Tuesday it had picked Goldman Sachs International as financial advisor to analyse potential tie-ups in the domestic banking sector.

Prime Minister Matteo Renzi's government in March approved a reform that aims to convert the country's 10 largest cooperative banks into joint stock companies, a measure that is expected to spur mergers in the sector. (Reporting by Agnieszka Flak)

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