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MILAN, July 17 (Reuters) - A UBI Banca UBI.MI shareholder group holding 8% of the Italian bank will tender its shares in the takeover bid launched by Intesa Sanpaolo ISP.MI for its smaller rival ...
ROME, July 6 (Reuters) - The value and the synergies of the takeover bid by Intesa Sanpaolo ISP.MI for UBI Banca UBI.MI are higher than those estimated by UBI's board, Intesa said on Monday.
UBI Banca is one of the leading commercial banking groups in Italy by stock capitalisation, with a market share of approximately 7%, 1,566 branches in Italy and approximately 19,629 employees.
Intesa Sanpaolo ’s surprise bid for UBI Banca has stunned the financial community in Milan and beyond. At €4.9 billion, it’s Europe’s biggest bank takeover bid for a decade. It looks like a throwback ...
Intesa’s UBI merger, if it happens, would be Europe’s biggest bank takeover in a decade. It would combine Italy’s biggest bank by domestic share, Intesa, with one of the strongest lenders in the rich ...
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Italy’s UBI Banca has announced an unexpected €1bn capital increase to bring it in line with new Basel III rules, raising market expectations that other Italian banks, which are among the most ...
Italian lender UBI Banca is not studying any M&A options, the bank's CEO Victor Massiah said on Wednesday, denying a report in daily La Repubblica about a potential tie-up with smaller rival ...
Italian mutual lender UBI Banca UBI.MI said Tuesday it posted a net loss in the third quarter due to lower net interest income, trading loss and higher provisions. It also warned investors that ...
Ubi Banca has previously said the idea it could merge with Banco Popolare was groundless. Banco Popolare was down 1.48 percent to 5.665 euros and UBI Banca was down 3.66 percent to 10.79 euros.
Italy's fifth-biggest retail bank UBI Banca <UBI.MI> recorded a 13.4 percent rise in first-quarter net profit to 219.3 million euros and said it confirmed its future targets.
NEW YORK, NY / ACCESSWIRE / August 2, 2019 / UBI Banca SpA (OTCPINK: BPPUY ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 2, 2019 at 4:00 PM ...