FSI to acquire a majority stake in the banking spin-off division of Azimut at a €2.2bn valuation.

Synopsis

FSI, a private equity firm, is set to acquire a majority stake in the banking spin-off division of Azimut, a global player in asset management, wealth management and investment banking, serving individuals, corporates and institutions, at a €2.2bn valuation.

Principals

target

Azimut Holding (tnb Bank)

bidder

Fsi Sgr

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