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Sylvain Perret

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ing explores acquisition of italian bank popolare di sondrio for expansion

ING is reportedly exploring a potential acquisition of Italian bank Popolare di Sondrio as part of its European expansion strategy. Preliminary discussions have taken place, but success is uncertain, especially with BPER Banca's existing €4.3 billion offer. Sondrio has engaged Bank of America and Morgan Stanley for defense and plans to redistribute €1.5 billion to shareholders to deter hostile bids.
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Euro Banca Popolare di Sondrio S.p.A Morgan Stanley Banco de Sabadell, S.A. Unipol Comp.1 Obbl Misto Euro ING Groep N.V. Bank of America Corporation BPER Banca SpA ITA NLD Sylvain Perret Carlo Cimbri Show more
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12:10 31.03.2025
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