Intesa Sanpaolo buys 5% stake in Pirelli Real Estate

By A staff reporter 2010-01-03T00:00:00

Pirelli Real Estate has sold a further 5% stake in its property fund management business Pirelli & C. Real Estate Società di Gestione del Risparmio (SGR) to Intesa Sao Paolo for EUR 10 mln. The move will boost the bank's stake in Pirelli RE SGR to 10%.

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