Shares of Intesa Sanpaolo (BIT: ISP) have managed to recover and erase the morning gap lower by pushing higher in the afternoon to trade and close in the green. In the meantime, the banking giant has continued to work to close the deal to buy UBI Banca (BIT: UBI). Fundamental analysis: Intesa to sell assets to rival BPER Intesa Sanpaolo is working around the clock to clear antitrust hurdles and close the deal to takeover UBI Banca. The Milano-based bank has agreed to sell more branches and assets to rival BPER (BIT: EMII) bank in a bid to overcome competition
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