Italy's Intesa revises accord to sell branches to BPER in UBI takeover plan [Reuters (UK)]
INTESA SANPAOLO S/ADR (ISNPY)
NASDAQ:AMEX Investor Relations:
group.intesasanpaolo.com/scriptisir0/si09/investor_relations/eng_wp_investor_relations.jsp
Company Research
Source: Reuters
Italy's Intesa revises accord to sell branches to BPER in UBI takeover plan - Reuters 2 Min Read MILAN, March 19 (Reuters) - Italy’s Intesa Sanpaolo said on Thursday it had revised the terms of an accord to sell branches and assets to BPER Banca it had sealed to address possible antitrust issues in a proposed takeover of rival UBI Banca. Intesa last month made a surprise all-share bid for UBI, offering 1.7 new Intesa shares for each UBI share tendered, to create the euro zone’s seventh-largest banking group with a focus on asset management and insurance. Since then, however, the coronavirus outbreak which has killed more people in Italy than in any other country in the world including China has crippled the economy, driving a 45% drop in the market value of Italian banks. To win antitrust approval for the planned merger, Intesa had signed a binding accord with BPER to sell 400-500 branches of the combined entity and relative assets. Intesa and BPER said that, under the revised terms,
Show less
Read more
Impact Snapshot
Event Time:
ISNPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ISNPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ISNPY alerts
High impacting INTESA SANPAOLO S/ADR news events
Weekly update
A roundup of the hottest topics
ISNPY
News
- Intesa Sanpaolo: The eurozone's leading bank for shareholder value creation [Yahoo! Finance]Yahoo! Finance
- In Italy, Jannik Sinner Transcends Tennis [The New York Times]The New York Times
- Fnac Darty and Ruby successfully reach 91.1% of the share capital of Unieuro, which will be delisted - final results [Yahoo! Finance]Yahoo! Finance
- Intesa Sanpaolo: Agreement with BlackRock to Develop Digital Wealth Management in Europe [Yahoo! Finance]Yahoo! Finance
- Italy's Intesa, BlackRock enter digital wealth partnership [Yahoo! Finance]Yahoo! Finance