Brief: Unipol sees MPS branch acquisition by mid-2027, full MPS-Bper deal by end-2027, Ceo says
BRIEF-Unipol sees MPS branch acquisition by mid-2027, full MPS-Bper deal by end-2027, Ceo says June 8 (Reuters) - CEO Unipol Matteo Laterza tells analysts in a conference call:
UNIPOL CEO: EXPECT TO COMPLETE TARGET ACQUISITION IN H1 2027 AND FULL DEAL BY END-2027
UNIPOL CEO: SEES EXECUTION AND CLOSING OF 2.5 BILLION EURO CAPITAL INCREASE TO FUND DEAL BY YEAR-END
UNIPOL CEO: MPS DEAL IS UNIQUE OPPORTUNITY, DID NOT HESITATE FOR A SECOND TO GO AHEAD
UNIPOL CEO: NO TALKS WITH BPER SO FAR ON MPS DEAL, BANK NOT INVOLVED IN TRANSACTION, DISCUSSIONS TO START NOW
UNIPOL CEO: SAYS MPS-BPER MERGER SUBJECT TO WHITEWASH APPROVAL BY MINORITY SHAREHOLDERS IN GENERAL MEETING, NO WHITEWASH MEANS NO DEAL
Further company coverage: BMPS.MI
(Reporting by Milan newsroom)