Italy's Banca Ifis Bids $308 Million for Illimity

Italy’s Banca Ifis Bids for Illimity Amid Sector Consolidation
The takeover offer for specialty lender Illimity Bank values its at around $308 million as banking consolidation in the country heats up.
Banca Ifis Bids for Illimity Amid Italian Consolidation Wave
Banca Ifis SpA, the Italian lender founded by the billionaire Furstenberg family, is offering to buy rival Illimity Bank SpA, the latest move in a flurry of consolidation activity in the country’s banking sector.
Under the bonnet of Banca Ifis's takeover bid for Illimity
Italy’s small and medium-sized enterprises banking market could be shaken up by Banca Ifis’s surprise €298mn bid for Illimity.
Banca Ifis launches a takeover bid on illimity Bank: 298 million euros for 100% of the capital
The operation aims to strengthen Banca Ifis' position in the specialty finance market, aiming at industrial synergies and consolidation in the NPL and SME sector. The offer depends on regulatory approval and the achievement of at least 66,
Banca Ifis, offerta da 298 milioni su illimity: «Così diventiamo gruppo europeo»
VENEZIA - Banca Ifis è pronta ad acquisire l'istituto illimity fondato dall'ex ministro ed ex Ad di Intesa Corrado Passera per creare un attore del credito di livello
Banca Ifis lancia un’opas su illimity Bank per 298 milioni di euro
Si tratta di un'offerta pubblica di acquisto e scambio volontaria finalizzata all'acquisizione del 100% delle azioni dell’istituto quotato sul segmento Star
Banca Ifis bids for illimity as Italy's banking M&A heats up
Italy's Banca Ifis on Wednesday made a 298 million euro ($309 million) surprise offer in shares and cash for rival specialty lender illimity, to bulk up in a competitive market. The bid proposal steps up the pace of consolidation in Italian banking,
Furstenberg Clan’s Banca IFIS Offers $308 Million for Illimity
Banca IFIS SpA, the Italian lender founded by the billionaire Furstenberg family, is offering to buy rival Illimity Bank SpA, the latest move in a rush to consolidate the country’s banking sector.
illimity e Banca Ifis continuano a salire in Borsa all'indomani dell'annuncio dell'OPAS
Il salvataggio di Illimity Bank ILTY da parte di Banca Ifis IF chiude virtualmente un’avventura che in Borsa ha bruciato ...
La scalata alla banca di Passera, Ifis offre 298 milioni
MILANO - A pochi mesi dal deal tra doValue e Gardant, si riaccendono i riflettori sul settore dei crediti deteriorati. Banca ...
The Banker1d
Banca Ifis offers €298mn for Illimity; Portugal’s Novo Banco fires chief risk officer
Italian lender Banca Ifis has launched a €298mn tender offer to acquire its domestic rival Illimity Bank. The offer, launched ...
Banca Ifis, con l’OPA su Illimity da €300 mln Fürstenberg riaccende il risiko per creare un polo per i finanziamenti alle imprese
Banca Ifis, tra dicembre e i primi giorni di gennaio, ha concentrato tutte le sue energie sull'Offerta Pubblica di Acquisto ...
FIRSTonline1d
Banca Ifis launches a takeover bid on illimity Bank: 298 million euros for 100% of the capital. Stock rallying at Piazza Affari - FIRSTonline
Banca Ifis' takeover bid for Illimity Bank sends the stock soaring above the 3,55 euro mark. CEO Geertman: "The price reflects the current value". The shareholders' meeting will approve the capital ...