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19 February 202018.33 With a letter to the employees, the CEO of Ubi Banca intervenes on the public exchange offer announced yesterday by Intesa Sanpaolo. "This operation was not agreed upon or known to our management", writes Victor Massiah, The exchange offer has also arrived "at the end of an important day, in which we presented our business plan, welcomed by the market with great consensus and appreciation ", he continues." The operation is currently only a proposal, it will have to go through a complex authorization process ".Ad Ubi: Oops Agreement not agreed
2020-02-19T23:36:09.500Z
18.33 With a letter to the employees, the CEO of Ubi Banca intervenes on the public exchange offer announced yesterday by Intesa Sanpaolo. "This operation was not agreed upon or known to our management", writes Victor Massiah, The exchange offer has also arrived "at the end of an important day, in which we presented our business plan, welcomed by the market with great consensus and appreciation ", he continues." The operation is currently only a proposal, it will have to go through a complex authorization process ".
Source: rainews