Takeover bid Banca Finnat, subscriptions over 5.1%

Banca Finnat Intesa Sanpaolo raises target price and confirms BUY

(Finance) – As part of thetakeover bid (OPA) compulsory totalitarian promoted by the Nattino family vehicle on the ordinary shares of Finnat Euramerica Bankalready controlled by the same family and listed on Euronext STAR Milan, it appears that today, 31 October 2022, 59,600 applications for membership were submitted.

Therefore, overall the requests for adhesions amount to 2,186,721, equal to 5.128% of the offer.

The offer began on October 24, 2022 and will end on November 15, 2022.

Italian Stock Exchange he reminds that Banca Finnat ordinary shares purchased on the market on 14 and 15 November 2022 cannot be contributed in acceptance of the offer.

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