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ISP Intesa Sanpaolo Spa

3.363
0.015 (0.45%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intesa Sanpaolo Spa BIT:ISP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.015 0.45% 3.363 3.3535 3.368 3.3795 3.349 3.3555 99,299,036 17:00:00

Intesa Sanpaolo Acquires Remaining Pramerica Stake From Prudential

29/03/2021 2:18pm

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
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From Mar 2021 to Mar 2024

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   By Joshua Kirby 
 

Intesa Sanpaolo SA said Monday that it has concluded the acquisition of Prudential Financial Inc.'s 35% stake in Pramerica SGR, taking it to 100% ownership of the Italian asset-management company.

The Italian bank said the transaction is part of a commitment to being one of Europe's leading wealth-management and protection companies, as well as supporting its business model of full ownership of its product factories.

Intesa didn't disclose the financial details of the deal.

 

Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby

 

(END) Dow Jones Newswires

March 29, 2021 09:03 ET (13:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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