Announced
Completed
Financials
Tags
Acquisition
Majority
Friendly
Public
Domestic
Single Bidder
Italy
commercial banking services
Banks
Private Equity
Completed
Synopsis
BPER, an Italian banking group, completed the acquisition of an 80% stake in Carige, an Italian bank, from Interbank Deposit Protection Fund, an Italian deposit guarantee fund, for $601m. BPER Banca launched a mandatory public purchase offer, after closing, on the remaining shares of CARIGE at a price of $0.91 per share.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.