Brief: Banca Sistema, Banca CF+ Say They Approved Plan For Merger By Absorption Of Banca Cf+ Into Banca Sistema
BRIEF-Banca Sistema, Banca CF+ Say They Approved Plan For Merger By Absorption Of Banca Cf+ Into Banca Sistema June 25 (Reuters) - Banca Sistema SpA BSTA.MI, Banca CF+ SpA:
SAID ON WEDNESDAY THEY APPROVED PLAN FOR MERGER BY ABSORPTION OF BANCA CF+ INTO BANCA SISTEMA
FOLLOWING MERGER, BANCA SISTEMA TO CONTINUE TO BE LISTED ON EURONEXT MILAN REGULATED MARKET
EXCHANGE RATIO SET AT 1.35X, 1.35 ORDINARY SHARES OF BANCA SISTEMA FOR EACH ORDINARY SHARE OF BANCA CF+ CANCELLED AS A RESULT OF MERGER
FOLLOWING COMPLETION OF MERGER, BUSINESS PLAN FOR RESULTING ENTITY TO BE PREPARED
Further company coverage: BSTA.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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