Meanwhile, another promised bride could loom on Ubi's horizon. Let's talk about Bper. The merger between Ubi and Bper it is not an idea that would displease the great partners of the two formerly popular institutions as reported today by Il Sole 24 Ore
Ubi-Bper wedding driven by large shareholders
The very heavy shareholders are pushing towards the merger. In detail in Ubi, remember the Confindustria daily in September it was formed a shareholders' agreement which sees among the protagonists the CariCuneo Foundation, Banca del Monte di Lombardia Foundation and other great historical entrepreneurial families that all together today are worth 16.7% of the bank. A similar situation exists in Bper where the shareholder base is based on the Sardinia Foundation (10.6%) and Unipol (around 19.9%), to which is added CariModena with 3% and other minor foundations. Among these is Unipol to always argue that the Emilian bank is consolidating. And on the other hand there is Ubi Banca. Of course, precise Il Sole, at the moment there is no negotiation in progress. Furthermore there is the unknown ECB: at the moment it is difficult to understand whether the Frankfurt institute will give its approval or not to any operation in this regard.
What analysts think
Meanwhile, analysts approve. "If the agreement were to continue, it could represent a positive element for Unipol (which holds a 19.9% stake in BPER), considering that UBI is currently looking for a potential single partner for bancassurance and Unipol already has, through UnipolSai, a consolidated bancassurance agreement with BPER ”say Banca Imi analysts.
Source link
https://www.finanzaonline.com/notizie/ubi-banca-sposa-ideale-bper-pronta-a-inserirsi-con-la-benedizione-di-unipol
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