Italy's Economy Minister Giancarlo Giorgetti sought clarification from UniCredit CEO Andrea Orcel over the lender's potential interest in Popolare di Sondrio during a meeting held last week, two people close to the matter said. Both UniCredit and Italy's Treasury declined to comment. Orcel earlier this month dismissed as "noise" a newspaper report that UniCredit was the lender behind stake-building in Popolare di Sondrio, saying his bank had not been buying shares in its smaller rival.
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