BPM launches a voluntary public tender offer for all shares in Anima SGRpA
The Board of Directors of Banca Popolare di Milano ('BPM') resolved to launch a voluntary public tender offer for all shares in Anima SGRpA at a price of Euro 1.45 per share. The promotion of the offer forms part of a broader transaction for the reorganisation by the BPM Group of its asset management business in Italy. The total consideration for the transaction will be up to Euro 113.5m. Mediobanca is acting as a financial advisor to BPM.
This press release provides a brief and partial summary of the principal content of the statement released by the Offeror pursuant to Article 102 of Italian Legislative Decree 58/98 as amended and to Article 37 of the regulations adopted by Consob pursuant to resolution no. 11971/99 as amended (the 'Regulations for Issuers'), which shall prevail and to which you are referred for every appropriate reference within the meaning of the aforementioned regulations