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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Unipol Gruppo SpA | BIT:UNI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -0.51% | 11.72 | 11.60 | 11.88 | 11.82 | 11.51 | 11.63 | 6,286,454 | 17:00:00 |
Italian insurer Fondiaria-SAI Spa (FSA.MI) said late Monday its 1.1-billion-euro ($1.4 billion) capital increase has been subscribed to by 78.43% of its shareholders as part of a planned merger with Unipol Gruppo Finanziario SpA (UNI.MI).
In a separate statement, Unipol said late Monday its own EUR1.1 billion capital increase was 79.66% subscribed.
In two filings to the Italian stock exchange, FonSAI and Unipol said the remaining 21.57% and 20.34% that were respectively unsubscribed will be underwritten by the joint global coordinators and bookrunners of the operations, as well as by co-lead managers, including Mediobanca (MB.MI), Unicredit SpA (UCG.MI), Barclays Bank (BCS), Credit Suisse Securities and Deutsche Bank AG (DB).
In a separate statement, Unicredit, which currently holds a 6.6% stake in FonSAI, said it won't sell any FonSAI share for a period of 120 days, as of Sep. 13.
Exchange Web Site: www.borsaitaliana.it
Write to Enza Tedesco at enza.tedesco@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Unipol Gruppo Chart |
1 Month Unipol Gruppo Chart |
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