Thursday, September 19, 2013

Reuters: Global Markets: Popolare Spoleto shares suspended from trading: Bourse

Reuters: Global Markets
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Popolare Spoleto shares suspended from trading: Bourse
Sep 19th 2013, 06:21

MILAN | Thu Sep 19, 2013 2:21am EDT

MILAN (Reuters) - Shares in Italian cooperative lender Banca Popolare di Spoleto (BPSP.MI) were suspended from trading on Milan exchange for an undetermined period, the exchange said in a statement.

On Wednesday, special administrators appointed by the Bank of Italy to run the troubled lender chose investment bank Lazard to advise on investors interested in buying it.

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