Unipol drops appeal against $2 bln asset sale ruling
July 03, 2013 at 07:29 AM EDT
MILAN, July 3 (Reuters) - Italian insurer Unipol has withdrawn an appeal against a ruling by the competition watchdog calling on it to sell 1.7 billion euros ($2.2 billion) of portfolio assets as a condition for approving a merger with peer Fondiaria-SAI, a spokesman said.
