UniCredit S.p.A. (BIT:UCG)'s potential acquisition of Public Joint-Stock Company Bank Otkritie Financial Corporation would create the fourth-largest bank in Russia with total assets of RUB 4.978 trillion, according to data from S&P Global Market Intelligence. The Italian lender is said to be looking at taking over Otkritie, one of Russia's systemically important banks, Bloomberg News reported, and a potential deal would allow the bank to move past its failed talks to acquire troubled peer Banca Monte dei Paschi di Siena SpA.
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