Banks. Crédit Agricole Italia takeover bid on Valtellinese
There is time to join until April 21st
The full voluntary public tender offer concerning the ordinary shares of Banca Piccolo Credito Valtellinese SpA announced to the market on 23 November 2020 by Crédit Agricole Italia SpA and for which on 22 March 2021 was approved and the Offer document published. Tomorrow, March 30, 2021, the period of acceptance of the Offer will begin, which will end on April 21, 2021 (included), except for extensions in accordance with the applicable law;
Following the closure of the subscription period, the payment date of the consideration - in favor of the CreVal shareholders who have accepted the Offer - is set for April 26, 2021 , unless extended in accordance with the applicable law.
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