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HollyShorts Film Festival Reveals Acclaimed Jury List and Panels For The 17th Edition

HollyShorts Film Festival Reveals Acclaimed Jury List and Panels For The 17th Edition
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Credit Agricole boosts Italy presence with successful Creval bid


4 Min Read
MILAN (Reuters) -Credit Agricole sealed its $1 billion takeover bid for Creval on Friday, in a move that strengthens its foothold in Italy’s consolidating banking sector - its biggest market outside France.
FILE PHOTO: A branch of Credit Agricole bank is seen in Warsaw, Poland, July 3, 2018. REUTERS/Marcin Goclowski
The acquisition of the regional lender allows the Italian arm of France’s no.2 bank to double its market share in the country’s wealthiest areas at a time when competition is intensifying.
The head of Credit Agricole Italia, Giampiero Maioli, said the deal was concluded “with great satisfaction” and that it represented “a success for everyone”. ....

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Credit Agricole secures majority backing for $1 bln Creval bid


Publishing date: Apr 21, 2021  •  3 hours ago  •  2 minute read  • 
Article content
MILAN 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.
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.
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Credit Agricole secures majority backing for $1 bln Creval bid Back to video
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. ....

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Credit Agricole secures majority backing for $1 billion Creval bid


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. ....

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