Shares in Banca Italease, Italy's leasing services and financial bank, rose as much as 4.54% to EUR 6.9 per share in early trading on Tuesday on speculation that the company received more than 15 offers for the real estate portfolio it is putting up for sale. According to market rumours, the investors which entered the second stage of the bidding process are Pirelli RE, international funds Orion and Patron Capital, Banca Profilo and a joint venture of Lehman brothers, Hines and Monte Paschi di Siena.
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