Wednesday, July 25, 2007

Intesa Sanpaolo makes 4.4 bln euro CariFirenze bid

(Reuters) - Intesa Sanpaolo said late on Wednesday it would offer to buy
40.3 percent from a group of shareholders including the Ente
CariFirenze foundation for 1.194 ordinary shares for every
CariFirenze share for a value of 2.13 billion euros.




It said it would then make a public offer to buy another 41.1
percent in cash at 6.73 euros per share for a total of 2.3 billion
euros.


Read more at Reuters.com Mergers News

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