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BFF - Banca Farmafactoring SpA News Story

€4.79 -0.0  -0.2%

Last Trade - 07/08/20

Sector
Financials
Size
Mid Cap
Market Cap £736.7m
Enterprise Value £1.45bn
Revenue £195.9m
Position in Universe 166th / 721

BRIEF-BFF Banking Group Signs Binding Agreement To Buy DEPObank

Wed 13th May, 2020 7:31am
May 13 (Reuters) - Banca Farmafactoring SpA  BFF.MI :
    * SIGNED BINDING AGREEMENT WITH EQUINOVA UK FOR ACQUISITION
OF
DEPOBANK
    * TRANSACTION AND INTEGRATION COSTS ARE ESTIMATED TO BE EUR
25
MILLION PRE TAX, OUT OF WHICH EUR 2.8 MILLION HAVE ALREADY BEEN
EXPENSED BEFORE END OF Q1 2020
    * COMPLETION OF TRANSACTION IS EXPECTED TO TAKE PLACE AT END
YEAR

Source text: https://bit.ly/2yU3Nu9
Further company coverage:  BFF.MI 

 (Gdansk Newsroom)
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