Unicredito welcome on stock exchange

The Polish securities commission approved the move, and said: "The introduction of Unicredito shares to public trade is related to the intention of listing the company's shares on the Warsaw Stock Exchange."

Unicredito wants to use its shares to buy Polish bank BPH from HVB. The Italian firm plans to merge BPH with another industry giant, Pekao, which would createst the biggest bank in Eastern Europe. (Reuters)