Announced
Financials
Tags
Private
Pending
Majority
banking services
Acquisition
Italy
Banks
Single Bidder
Synopsis
SRI Global, a qualified Investor, made a binding offer to acquire the 73.6% of Cassa di Risparmio di Orvieto, a provider of banking services operating in the regions Umbria, Lazio and Tuscany with 50 branches and assets of around €1.4bn ($1.6bn), from Banca Popolare di Bari for reportedly €60m ($68m).
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