Banco BPM Vita completed the acquisition of a majority stake in Anima for €1.8bn.

Banco BPM Vita focusing on offering life insurance products and integrating asset management services has completed the acquisition of a majority stake in Anima, asset management firm for €1.8bn ($1.86bn). On February 12, Banco BPM raised its bid from €6.2 ($6.4) to €7($7.2) per share. As communicated in an official note, the offer has become effective and the payment for the transferred shares will be made on April 11, 2025.