The Limited Times

Ubi Banca: adhesions to the opas rise to 26.4%

7/23/2020, 5:28:59 PM


The adhesions to the opas launched by Intesa Sanpaolo on Ubi have risen to 26.406% of the capital of the bank led by Victor Massiah. This is what we read in the updates provided by Borsa Italiana. (HANDLE)

(ANSA) - MILAN, JULY 23 - The adhesions to the opas launched by Intesa Sanpaolo on Ubi have risen to 26.406% of the capital of the bank led by Victor Massiah. This is what we read in the updates provided by Borsa Italiana. In one day more than 9% of Ubi's share capital was contributed to the public purchase and exchange offer, the highest figure since the launch of the takeover bid. Ubi shareholders still have three stock exchange days open, until July 28, to adhere to the agreement proposal that aims to collect at least 50% plus a Ubi share. (HANDLE).