Italy's depositor fund rejects BPER's proposal for Carige – sources

FILE PHOTO: The logo of the Carige bank is seen in Rome, Italy September 20, 2018. REUTERS/Max Rossi

MILAN (Reuters) – Italy’s depositor protection fund FITD has rejected BPER’s takeover proposal for rival Carige, two people with knowledge of the matter said on Thursday.

Shares in Carige fell as much as 6.8% on the Milan bourse following the news, which was first reported by Radiocor news agency. Shares in BPER lost 3.6%.

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