Brief: BPER Completes Acquisition Of 79.4% Of Banca Carige, Signs Deal With Banco Desio For Sale Of 2 Business Units For EUR 10 Mln

Banco di Desio e della Brianza

06/06/2022 06:38

June 6 (Reuters) - Bper Banca SpA  EMII.MI :
    * SAID ON FRIDAY IT HAD COMPLETED ACQUISITION OF 79.418% OF
BANCA
CARIGE'S SHARE CAPITAL FROM INTERBANK DEPOSIT PROTECTION (FITD),
VOLUNTARY INTERVENTION SCHEME (SVI)
    * ALSO TAKES OVER FROM FITD, SVI SUBORDINATED DEBT ISSUED BY
BANCA
CARIGE FOR A NOMINAL AMOUNT OF EUR 5 MLN
    * AFTER CLOSING OF TRANSACTION, A MANDATORY PURCHASE OFFER
TO BE
PROMOTED ON REMAINING 156,568,928 ORDINARY SHARES, CORRESPONDING
TO 20.582% OF BANCA CARIGE SHARE CAPITAL
    * ADDITIONALLY SIGNS WITH BANCO DI DESIO E DELLA BRIANZA
SALE OF
TWO SEPARATE BUSINESS UNITES, CONSISTING OF 8 BANK BRANCHES
OWNED BY BANCO DI SARDEGNA AND 40 BRANCHES CURRENTLY OWNED BY
BANCA CARIGE
    * SALE AIMS TO PREEMPTIVELY SOLVE CERTAIN RELEVANT
COMPETITIVE
ISSUES ARISING FROM TAKING CONTROL OF BANCA CARIGE
    * TOTAL CONSIDERATION TO BE PAID FOR BUSINESS UNITS UNDER 
DISPOSAL AGREEMENT IS OF EUR 10 MLN, CLOSING EXPECTED WITHIN
FIRST MONTHS OF 2023


        
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