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Unipol Gruppo SpA (UNPI.MI)

UNPI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Italy's Carige picks Chenavari for Creditis unit sale
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Italy's Banca Carige says: :IT HAS PICKED CHENAVARI INVESTMENT MANAGERS FOR EXCLUSIVE TALKS FOR SALE OF ITS CREDITIS UNIT.CHENAVARI INVESTMENT MANAGERS SIGNED FIRST ALLOCATION COMMITMENT WITH EQUITA SIM FOR UP TO 40 MILLION EUROS.IT EXPECTS TO FINALISE CREDITIS SALE BY DEC. 6.IT HAS AGREED TO SELL 1.2 BILLION EURO BAD LOAN PORTFOLIO AND DEBT SERVICING PLATFORM TO ITALY'S CREDITO FONDIARIO.BONDHOLDERS GENERALI, INTESA SANPAOLO VITA, UNIPOL SAI TO SUBSCRIBE TO CAPITAL INCREASE FOR A TOTAL OF 45 MILLION EUROS.  Full Article

Unipol Gruppo launches placement of Euro 500 mln​ debenture loan
Wednesday, 22 Nov 2017 

Nov 21 (Reuters) - Unipol Gruppo Spa ::Unipol gruppo spa says ‍launched placement of a non-convertible, non- subordinated, and unsecured debenture loan of eur 500 million​.  Full Article

Unipol Gruppo 9-month consolidated net loss, after the effects of banking sector restructuring plan, at EUR 229 million
Friday, 10 Nov 2017 

Nov 10 (Reuters) - UNIPOL GRUPPO SPA ::9-MONTH CONSOLIDATED NET PROFIT EUR ‍​551 MILLION VERSUS EUR 439 MILLION YEAR AGO.COMBINED RATIO AT SEPT 30 AFTER REINSURANCE AT ‍96.4 PERCENT.9-MONTH CONSOLIDATED NET RESULT, AFTER THE EFFECTS OF BANKING SECTOR RESTRUCTURING PLAN, AMOUNTED TO A LOSS OF €229M‍​.SOLVENCY II RATIO AT SEPT 30 AT 139%.DECIDED TO RENEW EURO MEDIUM TERM NOTES (EMTN) PROGRAMME FOR A NOMINAL MAXIMUM AMOUNT OF €2BN,.  Full Article

Unipol FY prelim. net profit up at EUR 329.6 mln, expected dividend EUR 0.18/shr
Friday, 10 Feb 2017 

Unipol Gruppo Finanziario SpA : FY preliminary net profit 329.6 million euros ($351.06 million) versus 271.8 million euros a year ago . FY preliminary net premiums 13.79 billion euros versus 15.26 billion euros a year ago .Expected dividend of 0.18 euro per share.  Full Article

Unipol says exposure to Italy earthquake limited
Wednesday, 24 Aug 2016 

A spokesman for Italian insurance group Unipol, asked about the impact of the Italian earthquake in central Italy, says: From early estimates, and hoping there will be no new episodes, the overall exposure of Unipol is fairly limited. . The quake is not expected to trigger the group's 200 million euro Azzurro Re Catastrophe bond maturing in 2019 . Issued last year the Azzurro Re bond was the first so-called catastrophe bond to cover earthquake risk in Italy [nL8N1B52FX] . Investors who buy a catastrophe bond enjoy a high yield but lose the value of the bond if an event occurs within agreed parameters, including factors such as location and severity. Further company coverage: [US.MI] [UNPI.MI] (Reporting by Milan newsroom).  Full Article

Unipol Gruppo Finanziario H1 net profit down at 160 mln euros
Thursday, 4 Aug 2016 

Unipol Gruppo Finanziario SpA : H1 net profit 160.0 million euros ($178.29 million) versus 254.9 million euros year ago .H1 net premiums 7.6 billion euros versus 8.1 billion euros year ago.  Full Article

Investindustrial bid on Italy's RCS above minimum threshold
Thursday, 14 Jul 2016 

Italian publisher RCS MediaGroup: cash takeover bid by Investindustrial and existing RCS shareholders reaches 7.22 percent of offer, bringing the consortium's total stake in RCS capital to 30.35 percent, just above the bid's minimum threshold set at 30 percent . cash and share bid by Cairo Communication reaches 22 percent of RCS capital, below its 35 percent minimum threshold .offer period for two bids expires on Friday July 15.  Full Article

BPER investor Unipol says would support potential cash call

SAN LAZZERO DI SAVENA, Bologna, April 23 Italian insurer Unipol, which owns nearly 10 percent of BPER Banca , would support a new share issue at the Italian bank if it used the cash for a radical bad loan clean-up, Unipol CEO Carlo Cimbri said.