Showing posts with label Intesa Sanpaolo. Show all posts
Showing posts with label Intesa Sanpaolo. Show all posts

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