Intesa Sanpaolo hires four additional advisers for UBI Banca bid

MILAN (Reuters) – Intesa Sanpaolo has picked JP Morgan, Morgan Stanley, UBS and Equita Sim as advisers for its bid on rival UBI Banca , Italy’s biggest retail bank said on Friday.

The four investment banks join Mediobanca, which was already advising Intesa Sanpaolo on the deal.

(Reporting by Francesca Landini; editing by James Mackenzie)