Several financial investors and trade buyers gained the access to the virtual data room of troubled Italian lingerie brand La Perla (see here a previous post by BeBeez). The suitors must table their binding offers by one month. La Perla reportedly attracted the interest of Italian fashion retailer Calzedonia and Tennor Holding (fka Sapinda Holding).
AMCO’s 2024 assets under management amount to 32.2 billion euros (-7% from 2023), of which 72% are NPLs and 28% UTPs (see here a previous post by BeBeez). Andrea Munari heads the full-service credit management company of the Italian Ministry of Finance – MEF.
Milan-listed illimity, a challenger bank that Corrado Passsera launched in 2019, adjusted its results with write offs and extraordinary provisions worth 133 million euros (see here a previous post by BeBeez). The bank allocated such amount to face an eventual unfavourable appale in the dispute that arose with some companies over the senior tranche of a securitisation that signed in early 2024.
