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BRIEF-Banca IFIS: deed of merger of Interbanca into Banca IFIS signed
October 4, 2017 / 6:31 AM / 15 days ago

BRIEF-Banca IFIS: deed of merger of Interbanca into Banca IFIS signed

Oct 4(Reuters) - BANCA IFIS SPA:

* ANNOUNCED ON TUESDAY THAT IT HAS SIGNED THE DEED OF MERGER BY INCORPORATION OF INTERBANCA SPA INTO BANCA IFIS SPA, EFFECTIVE OCT. 23

* IFIS LEASING SPA WILL BE MERGED INTO BANCA IFIS IN 2018

* MERGER WILL TAKE EFFECT WITHOUT ANY CAPITAL INCREASE

* BANCA IFIS SHARES WILL BE ATTRIBUTED TO THE MINORITY SHAREHOLDERS OF INTERBANCA AT A SWAP RATIO OF 1 OF BANCA IFIS‘S SHARE FOR EVERY 3.29 OF INTERBANCA SHARES

* THE SHARES OF INTERBANCA OWNED BY BANCA IFIS WILL BE CANCELLED

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Further company coverage: (Gdynia Newsroom)

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