Brief: Banca Ifis CEO: price of illimity bid fair, stand by it for now

illimity Bank SpA

08/01/2025 10:05

Jan 8 (Reuters) - Banca IFIS CEO Frederik Geertman says:
    
    * PRICE OF ILLIMITY BID IS FAIR REFLECTION OF COMPANY'S
VALUE
    * WE STAND BY THIS OFFER FOR NOW, IN REFERENCE TO ILLIMITY
BID
    * COMBINATION PROVIDES ILLIMITY SHAREHOLDERS WITH BETTER
PROPOSITION THAN STANDALONE PATH
    * ILLIMITY'S STAKE IN HYPE "OBVIOUS CANDIDATE" TO BE SOLD
    * NO RUSH TO SELL OTHER ILLIMITY ASSETS, WOULD TAKE
LONG-TERM VIEW

Further company coverage:  IF.MI 

 (Reporting by Milan Newsroom)