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How many banking deals have been struck in Italy in the past year?

By Andrea Mandala and Valentina Za

Milan, September 24 (Reuters) – Italy’s financial sector is sweeping with a consolidation tour.

Below is still a summary of the issuing agreements and falling proposals.

1. Monte dei Paschi di Siena – Mediobanca

On Monday, Toskana Bank terminated 16 billion-Euro ($ 19 billion) shares and cash proposal for the larger Milanese rival, which achieved 86.3% of Mediobanca.

The Monte Dei Paschi, which Italy successfully restructured in the last two years following the 2017 rescue process, stunned the Italian financing with Swoop in January.

2. Bper-Banca butt Sondrio

Italy’s fourth largest bank in July, a smaller Sondrio-based 5.4 billion euro cash and shares proposal-completed defense movement by the consolidation of the defense movement. Insurer Unipol, the main shareholder of both banks, played a very important role.

Italy’s second largest bank in July, Banco BPM reduced the 15 billion euro All-Power offer and accused the government’s conditions for cleaning the agreement.

In November, Unicredit offered for BPM and presented a 0.5% premium, where Monte Dei Paschi and Bper refused to fill the cash money, as he did to see his offers.

4. BANCO BPM-Anima Holding

Shortly before Unicredit’s acquisition move, Banco BPM had offered to purchase the fund manager Anima Holding, a fund manager, which was acquired in April.

5. Mediobanca-Banca General

In April to prevent deputies’ transfer proposal, Mediobanca announced the offer of 6.3 billion euros for Banca Georist, a reserve manager, but could not get approval from the shareholders when the agreement voted in August.

6. Banca General-Intermonte

In January, Banca General had completed the purchase of 98.2 million euros broker interonte to increase investment banking skills and complete the asset management proposal with corporate finance consultancy services.

In August, the Venice -based IFIS completed a cash and sharing proposal to buy the Digital Bank, which was founded by former Minister of Industry and Senior Banker Corrado Passesa, listed in Milan Bourse in September.

Banca CF, which gives Elliott-supported special lending in June, made an agreement on the main shareholder of the target to secure the target shareholder, presented a discounted offer with a discounted discounted 145 million-Euro (edited by Ed Osmond reported by Andrea Mandala and Valentina Za)

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