MILAN- Italy's cooperative bank Cassa Centrale Banca is expected to take an initial 10% stake in Carige under a rescue plan for the ailing lender that will also involve banking fund FITD, a source close to the FITD said on Monday.
Earlier on Monday, FITD said its shareholders would vote on July 23 on the planned converison of a 320 million euro Carige bond held by the FITD into equity.
(Reporting by Andrea Mandalà, written by Giulio Piovaccari) ((giulio.piovaccari@thomsonreuters.com; +39 02 6612 9743; Reuters Messaging: giulio.piovaccari.thomsonreuters.com@reuters.net))
