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3 Min Read MILAN (Reuters) -Credit Agricole Italia secured majority support for a $1 billion takeover of rival bank Creval on Wednesday, after agreeing to pay the maximum price regardless of acceptance levels for its offer. FILE PHOTO: A branch of Credit Agricole bank is seen in Warsaw, Poland, July 3, 2018. REUTERS/Marcin Goclowski/File Photo A low take-up had threatened to thwart plans by France’s second-largest bank Credit Agricole to cement its presence in Italy’s consolidating banking sector, which is its biggest foreign market. As of Tuesday, which was due to be the second-to-last day for the offer, take-up stood at 22.6% of the shares targeted by the bid despite an improved offer price last week. ....
3 Min Read MILAN (Reuters) -Credit Agricole Italia secured majority support for a $1 billion takeover of rival bank Creval on Wednesday, after agreeing to pay the maximum price regardless of acceptance levels for its offer. FILE PHOTO: A branch of Credit Agricole bank is seen in Warsaw, Poland, July 3, 2018. REUTERS/Marcin Goclowski/File Photo A low take-up had threatened to thwart plans by France’s second-largest bank Credit Agricole to cement its presence in Italy’s consolidating banking sector, which is its biggest foreign market. As of Tuesday, which was due to be the second-to-last day for the offer, take-up stood at 22.6% of the shares targeted by the bid despite an improved offer price last week. ....
Italie : Credit Agricole s'assure une majorité en faveur de son offre sur Creval investir.lesechos.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investir.lesechos.fr Daily Mail and Mail on Sunday newspapers.
Italie: Credit Agricole s'assure une majorité en faveur de son offre sur Creval latribune.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latribune.fr Daily Mail and Mail on Sunday newspapers.
Credit Agricole wins majority support for takeover of Italy's Creval financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.