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Banca Ifis

M&A Activity Oct 30, 2019

4153_rns_2019-10-30_92a3958c-bd1e-4f0d-98e8-5f22cbf0809b.pdf

M&A Activity

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Informazione
Regolamentata n.
0147-76-2019
Data/Ora Ricezione
30 Ottobre 2019
14:42:36
MTA - Star
Societa' : BANCA IFIS
Identificativo
Informazione
Regolamentata
: 124066
Nome utilizzatore : IFISN01 - DA RIO
Tipologia : REGEM; 2.2
Data/Ora Ricezione : 30 Ottobre 2019 14:42:36
Data/Ora Inizio
Diffusione presunta
: 30 Ottobre 2019 14:42:37
Oggetto : Negotiations between Banca IFIS and
Credito Fondiario ended
Testo del comunicato

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PRESS RELEASE

Negotiations between Banca IFIS and Credito Fondiario ended

Mestre (Venice), 30 October 2019 – Banca IFIS S.p.A's Board of Directors has decided today to permanently end negotiations with Credito Fondiario and therefore not to move on to the due diligence stage, due to the difficulties encountered in defining a negotiated agreement satisfactory for both parties in terms of governance.

"The Non-Performing Loans market continues to be of strategic importance for Banca IFIS - explained Luciano Colombini, Banca IFIS's CEO - Our aim is to maintain the right conditions in order to continue generating value in the future, also in light of the evolving regulatory context, investing both in the acquisition of portfolios and in the activity of servicing".

Head of Press Office Eleonora Vallin

+39 342 8554140 [email protected] www.bancaifis.it

Press Office Image Building

Claudia Caracausi, Chiara Di Troia [email protected], [email protected] + 39 02 89011300

Head of IR and Corporate Development Martino Da Rio

+39 02 24129953 [email protected] www.bancaifis.it

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