Intesa Sanpaolo Takes 2.5% Stake In Piaggio
January 05 2009 - 6:55AM
Dow Jones News
Italian bank Intesa Sanpaolo SpA (ISP.MI) has taken a 2.5% stake
in Italian scooter maker Piaggio SpA (PIA.MI), according to market
regulator Consob's Web site Monday.
Piaggio Chairman Roberto Colaninno recently led a group of
investors that bought ailing airline Alitalia SpA (AZA.MI) from the
Italian state. Intesa Sanpaolo advised the group, as well as
financed the bid.
-By Jennifer Clark, Dow Jones Newswires; 39 02 58 21 9904;
jennifer.clark@dowjones.com
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