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- Intesa Sanpaolo was created on January 1, 2007, through the merger of two leading Italian banking groups, Banca Intesa and Sanpaolo IMI. The first steps toward the merger process were taken on August 26, 2006, when the Boards of Directors of the two banks approved the guidelines for a merger plan.
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The offer ends on 30 July 2020 with the achievement of 91.0149% of the capital of UBI. Therefore, having exceeded 90% of the share capital, the delisting procedures have begun which have led Intesa Sanpaolo to become the sole shareholder of UBI Banca.
Intesa Sanpaolo was created on January 1, 2007, through the merger of two leading Italian banking groups, Banca Intesa and Sanpaolo IMI. The first steps toward the merger process were taken on August 26, 2006, when the Boards of Directors of the two banks approved the guidelines for a merger plan.
Turin/Milan, 20 July 2020 – Intesa Sanpaolo announces that the merger by incorporation of Banca IMI S.p.A. into the Parent Company Intesa Sanpaolo S.p.A. was completed today, pursuant to the Shareholders’ Meeting and Board of Directors resolutions passed by the two companies.
Jun 9, 2020 · Italian lender Intesa Sanpaolo’s multibillion-euro takeover of rival UBI threatens competition in the domestic banking and insurance market, according to a preliminary verdict from the...
- Silvia Sciorilli Borrelli
In 2016 Banca dell'Adriatico was merged by incorporation into Intesa Sanpaolo, followed by Casse di Risparmio dell’Umbria. That same year, Banca 5 was created through the acquisition of 100% of Banca ITB.
Nov 14, 2022 · MILAN, Nov 14 (Reuters) - Italy's Intesa Sanpaolo (ISP.MI) said on Monday it was selling its entire 5.1% stake in Nexi (NEXII.MI), in an effort to cash in on a recent rally in shares of the...
Nov 30, 2023 · Italy’s competition watchdog has ordered Intesa Sanpaolo, the country’s largest lender, to stop migrating customers to its new online service Isybank after receiving more than 5,000 complaints...
