Mubadala cuts UniCredit stake by more than half to 2.02%: filings

Reuters

Published Jan 07, 2020 01:03PM ET

Mubadala cuts UniCredit stake by more than half to 2.02%: filings

MILAN (Reuters) - Abu Dhabi sovereign wealth fund Mubadala Investment Company cut its stake in Italy's biggest bank UniCredit (MI:CRDI) to 2.02% as of December 20, according to filings from Italy's market watchdog Consob.

Its previous position as of June 28 was 4.986%, Consob said.