Unicredito Italiano and a European private equity house have made their final offers for Banca del Gottardo, the private bank owned by Swiss Life.

Both are understood to be close to the CHF1.5bn ($1.2bn) which Swiss Life is asking. It hopes to conclude the sale by the end of the month.

Bidders make final offers in $1.2bn Swiss Life sale

David Rothnie

Unicredito Italiano

Swiss Life

BNP Paribas

Deutsche Bank

Goldman Sachs

Credit Suisse

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