Italy

The European Investment Bank and the Intesa Sanpaolo Group today concluded an agreements to provide funding to Italian SMEs

Martin Pugsley, of counsel within DLA Piper's Milan office, talks to Factorscan about the Italian factoring market and the potential for growth in its international offering.

Italease s main shareholder Banco Popolare announced that it will launch a buyout offer for the troubled bank.

Italease's factoring and leasing arm faces a buy-out and potential restructuring by Banco Populare.

Banca Italease shares fell on Monday after the company's decision to pursue 'a stand-alone strategy'

Having announced net income of EUR29.9m for H1 2008, Banca Italease have announced plans to embark on a factoring venture.

DZ Bank is not planning to buy a stake in Banca Italease at present, the Italian bank said on Tuesday, as it confirmed talks with the German bank focused instead on a factoring and leasing joint venture.

Banca Italease SpA surged the most in more than three years in Milan trading on a newspaper report that Germany's DZ Bank AG will make a bid to buy the Italian company's leasing business.

German co-operative bank DZ Bank is likely to hire Mediobanca SpA to advise on financial aspects of a tie-up with Italian leasing and factoring company Banca Italease SpA.

US private equity fund JC Flowers Co. LLC is interested in acquiring the Italian leasing and factoring company Banca Italease SpA.