07/10/2016 (Agence Europe) – On Friday 7 October, the European Commission announced that it had extended the sales process for four small Italian bridge banks, Nuova Banca Marche, Nuova Banca Etruria, Nuova Carife and Nuova Carichieti. The sales process aims to maximise the value of the four bridge banks, thereby minimising the cost to the taxpayer and ensuring that no new state aid would be necessary. To protect the effectiveness of the sales process, the timelines have been kept...