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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.17 | -1.50% | 11.20 | 11.19 | 11.21 | 11.35 | 11.18 | 11.35 | 335,557 | 09:10:05 |
From Nov 2019 to Nov 2024
MILAN--Unipol Gruppo Finanziario SpA (UNI.MI) said Wednesday that its board had accepted the latest proposal made by Fondiaria-SAI SpA's (FSA.MI) owners to merge and create Italy's second-biggest insurer after Assicurazioni Generali SpA (G.MI).
Unipol said in a statement its board had agreed to take a 61% stake in the company that would be created from the complex operation. Unipol had previously sought to have a 66.7% stake of the company after taking over Fondiaria-SAI.
It said in the statement that the board had given its chief executive the mandate to again propose its takeover offer to Fondiaria-SAI, its parent Premafin Finanziaria SpA (PF.MI) and its subsidiary Milano Assicurazioni SpA (MI.MI), adding that it expected a reply by June 11.
Write to Gilles Castonguay at gilles.castonguay@dowjones.com
1 Year Unipol Gruppo Chart |
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