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Banca Ifis

M&A Activity Jun 7, 2017

4153_tar_2017-06-07_3f91d9ad-2443-423e-a3ad-f79ad1a48eb0.pdf

M&A Activity

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Informazione
Regolamentata n.
0147-40-2017
Data/Ora Ricezione
07 Giugno 2017
13:46:27
MTA - Star
Societa' : BANCA IFIS
Identificativo
Informazione
Regolamentata
: 90508
Nome utilizzatore : IFISN01 - DI GIORGIO
Tipologia : REGEM
Data/Ora Ricezione : 07 Giugno 2017 13:46:27
Data/Ora Inizio
Diffusione presunta
: 07 Giugno 2017 13:46:28
Oggetto : Banca IFIS has filed the merger projects of
IFIS Factoring and Interbanca
Testo del comunicato

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PRESS RELEASE

Banca IFIS has filed the merger projects of IFIS Factoring and Interbanca The mergers completion is expected in August and October 2017

The CEO Giovanni Bossi: "The strategic roadmap has been respected".

Mestre (Venice), 7 th June 2017 In relation to the acquisition of the former GE Capital Interbanca Group announced on 28th July 2016 and finalised on 30th November 2016, Banca IFIS announces that today – following the authorisation received by the Bank of Italy – the merger projects of Interbanca S.p.A. and IFIS Factoring S.r.l. into Banca IFIS S.p.A were filed.

The merger of IFIS factoring S.r.l. will be presumably completed in August 2017 and the merger of Interbanca S.p.A. in October 2017.

The merger projects fit into Banca IFIS's broader growth and development strategy, already declared at the closing of the acquisition of the former GE Capital Interbanca Group. The rationalization of the Group's structure and of its internal organizational set-ups will enable greater fluidity both in the operations and in the decision making, increasing integration levels, efficiency and income. The merger of IFIS Leasing S.p.A. will be completed within 2018.

As required by the applicable regulation, the documents related to the merger is available at the companies' registered offices, on Banca IFIS's official website (www.bancaifis.it).

Banca IFIS S.p.A Head of Communications Mara Di Giorgio Cell: +39 335 7737417 [email protected] www.bancaifis.com

Press Office and External Relations Chiara Bortolato Cell: +39 3669270394 [email protected]

Lavinia Piana Cell: +39 3469425022 [email protected]

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