AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Banco BPM SpA

Legal Proceedings Report Jan 17, 2025

4282_ltr_2025-01-17_b4e59059-e227-4474-aadd-1cde2795a958.pdf

Legal Proceedings Report

Open in Viewer

Opens in native device viewer

Informazione
Regolamentata n.
1928-6-2025
Data/Ora Inizio Diffusione
17 Gennaio 2025 17:24:00
Euronext Milan
Societa' : BANCO BPM
Identificativo Informazione
Regolamentata
: 200444
Utenza - Referente : BANCOBPMN09 - Marconi Andrea
Tipologia : 3.1
Data/Ora Ricezione : 17 Gennaio 2025 17:24:00
Data/Ora Inizio Diffusione : 17 Gennaio 2025 17:24:00
Oggetto : HISTORIC TAX DISPUTE RELATED TO 2005
TAX PERIOD ENDS IN FAVOR OF THE BANK
FOLLOWING SUPREME COURT DECISION
Testo
del
comunicato

Vedi allegato

PRESS RELEASE

HISTORIC TAX DISPUTE RELATED TO 2005 TAX PERIOD ENDS IN FAVOR OF THE BANK FOLLOWING SUPREME COURT DECISION

More than 200 million euros is the value of the reimbursement of the provisionally paid amount for the disputes regarding the attempted takeover of Banca Antonveneta by Banca Popolare Italiana happened 20 years ago

Milan, January 17, 2025 - Banco BPM announces that, on January 16, the ruling of the Supreme Court was filed, Banco BPM announces that, on January 16, the ruling of the Court of Supreme Court was filed, putting an end to the litigation initiated by the bank to obtain the cancellation of the notices of assessment issued on December 19, 2011.

The court acknowledged the merits of the grounds of the appeal filed by the bank, by nullifying the judgment of the Lombardy Regional Tax Commission and accepted the original appeal filed, by definitively cancelling the notices of assessment.

The sentence will allow Banco BPM to obtain full reimbursement of the provisional amount paid pending final judgment between 2012 and 2015, totaling 201.9 million euros (plus related interest). The bank, fully convinced of its reasons and confident in the successful conclusion of the litigation, has recorded and maintained this amount in the balance sheet under the item "other assets."

The bank was assisted by Studio Tremonti Romagnoli Piccardi e Associati, with partners Cristiano Caumont Caimi and Laura Puddu, and Studio Stevanato, with Prof. Dario Stevanato.

For information:

Media Relations e-mail: [email protected] Investor Relations e-mail: [email protected]

Numero di Pagine: 3

Talk to a Data Expert

Have a question? We'll get back to you promptly.