(Finance) – The Board of Directors of Italian post among other things, it approved the proposed merger by incorporation of PSIA into Poste Italiane, the capital of which is entirely and directly held by Poste Italiane itself.
The merger plan was also approved on April 13, 2022 by the Sole Director of PSIA.
The operation – explains a note – which provides for the application of the simplifications provided for by the legislation for mergers of wholly owned companies, will explain its effectiveness starting from the date of the last registration and will not involve any issue of new shares or in any case, assignment of shares of Poste Italiane, the sole shareholder of the company participating in the merger.
The merger is aimed at a corporate reorganization that will allow Poste Italiane to directly hold shares of the listed company NEXI (PSIA in fact has as its sole asset an equity investment equal to approximately 3.6% of the share capital of the same
NEXI), thus simplifying the structure of the Group.
The transaction will subsequently be submitted to the PSIA shareholders’ meeting and to the Poste Italiane Board of Directors (as permitted
by the statute of Poste Italiane itself).
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