Malacalza family becomes top investor in Italy’s Carige
Malacalza Investimenti, the Italian holding company headed by entrepreneur Vittorio Malacalza, has this week agreed to buy a 10.5% stake in troubled lender Banca Carige for €66.2 million ($73.6 million).
The deal makes Malacalza Investimenti the largest investor in Banca Carige, which recently failed a health check of lenders across the Eurozone and needs to raise €700 million in order to plug a capital shortfall.
