Compass acquires 100% of Linea - Deal now closed

Further to the press release issued on 27 December 2007, notice is hereby given that sale of the shareholdings in Linea S.p.A. owned by Banca Popolare di Vicenza (47.963%) and Banco Popolare (47.963%) to Compass, 100%-owned by Mediobanca, has now been completed for a consideration of €388.5m, implying an overall value for the company of €405m.

As at the same date the stakes owned by Banca Popolare di Sondrio (2.109%), Banca Popolare dell’Emilia Romagna (1.469%), Banca Popolare del Lazio (0.378%) and Banca Popolare di Marostica (0.12%) were also acquired. Compass therefore now owns 100% of the share capital of Linea.
 

Last update: 15/07/2016 - 11:33