Shares in Italy's Moltiply up 7% after report of potential unit sale
Shares in Italy's Moltiply up 7% after report of potential unit sale MILAN, June 1 (Reuters) - Shares in Italian holding company Moltiply MOL.MI rose 7% on Monday after Reuters reported the company was considering options for one of its two business divisions.
Sources told Reuters on Friday Moltiply was studying alternatives, including a potential partial or full sale, for its financial services outsourcing division, BPO&Tech.
Moltiply, whose other business division focuses on online price comparison, is talking to banks about potential steps involving its BPO&Tech unit, the sources said.
By 0751 GMT shares rose 7% against a flat Milan all-share index .FTITLMS.
(Reporting by Valentina Za, editing by Alvise Armellini)
((valentina.za@thomsonreuters.com; +39 02 6612 9526;))