BPPB to acquire 26 branches of Intesa Sanpaolo for €9m.

BPPB, an Italian cooperative bank based in Altamura, agreed to acquire 26 branches of Intesa Sanpaolo, an Italian banking group, for €9m. The acquisition of the business unit is in line with BPPB's objectives aimed at dimensional growth, increasing profitability and improving asset quality, while maintaining a solid capital position.