Picture of Intesa Sanpaolo logo

ISP — Intesa Sanpaolo News Story

0.000.00%
it flag iconLast trade - 00:00
FinancialsBalancedLarge CapNeutral

Brief: Banca Monte Dei Paschi Di Siena Comments on ISP's Increase Of Cash Component Of Offer To €1.25 Per MPS Share

BRIEF-Banca Monte Dei Paschi Di Siena Comments on ISP's Increase Of Cash Component Of Offer To €1.25 Per MPS Share

- Banco BPM SpA BAMI.MI:

  • ISP INCREASES CASH COMPONENT OF OFFER TO €1.25 PER MPS SHARE

  • ISP HAS MADE CONTINUATION OF ISP OFFER CONDITIONAL UPON ABANDONMENT OF MPS PROJECT

  • BOARD BELIEVES PREMIUM COMMUNICATED BY ISP MUST BE ASSESSED TAKING INTO ACCOUNT CHARACTERISTICS OF ISP OFFER

  • ASKS SHAREHOLDERS TO MAKE DECISION BEFORE PUBLICATION OF ISP OFFER DOCUMENT AND MPS’S ISSUER’S STATEMENT

  • EVEN AFTER INCREASE OF CASH COMPONENT, CONSIDERATION REMAINS PREDOMINANTLY COMPOSED OF ISP SHARES

Source text: ID:nBIA843F6v

Further company coverage: BAMI.MI


((Reuters.Briefs@thomsonreuters.com;))

Recent news on Intesa Sanpaolo

See all news