Italy's Intesa says regulator approved document for UBI takeover bid

(Reuters) - Intesa Sanpaolo said on Thursday that Italian market regulator Consob had cleared the publication of the investor document detailing its offer to buy rival UBI Banca , paving the way for the launch of the bid. The unsolicited, all-paper offer which Intesa announced in February has received green lights from banking and insurance supervisors, while an antitrust review of the deal is still ongoing and a verdict is expected only next month. Intesa is offering 1.7 new shares for each..