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05 June 2020 "With reference to the totalitarian voluntary public exchange offer for a maximum of 1,144,285,146 ordinary shares of Unione di Banche Italiane SpA (" UBI Banca "), it is announced that today Intesa Sanpaolo received from European Central Bank prior authorization for the direct acquisition of a controlling interest - equal to at least 50% of the capital plus one share - in UBI Banca, as well as for the indirect acquisition of a controlling interest in IW Bank SpA ". This is what we read in a note from Intesa SanPaolo.Intesa SanPaolo: from ECB ok quote to Ops on Ubi Banca
2020-06-05T21:09:34.677Z
"With reference to the totalitarian voluntary public exchange offer concerning 1,144,285,146 ordinary shares of Unione di Banche Italiane SpA (" UBI Banca "), it is announced that today Intesa Sanpaolo received from the European Central Bank prior authorization for the direct acquisition of a controlling interest - equal to at least 50% of the capital plus one share - in UBI Banca, as well as for the indirect acquisition of a controlling interest in IW Bank SpA ". This is what we read in a note from Intesa SanPaolo.
Source: rainews