Italian bank Intesa becomes Atalanta sponsor after UBI takeover

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Italian bank Intesa becomes Atalanta sponsor after UBI takeover
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Italian lender Intesa Sanpaolo on Monday said it has become the banking partner of Bergamo-based Serie A soccer club Atalanta BC after taking over ...

Italian lender Intesa Sanpaolo on Monday said it has become the banking partner of Bergamo-based Serie A soccer club Atalanta BC after taking over local rival UBI Banca.

Atalanta is the only Italian team left in the Champions League tournament and Intesa's move comes ahead of Wednesday's quarter-final game against Paris St. Germain FC.Intesa overcame fierce opposition from UBI's management and local shareholders to secure control of its Bergamo-based rival this month in a deal that will turn it into the euro zone's eighth-largest bank by assets.

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