May 4, 2018 / 8:24 AM / 2 months ago

BRIEF-Popolare Sondrio Signs Agreement To Buy 100 Pct Of PrestiNuova From Pop Vicenza

May 4 (Reuters) - Banca Popolare di Sondrio ScpA:

* SAID ON THURSDAY THAT IT SIGNED AGREEMENT WITH WINDING DOWN BANK POPOLARE DI VICENZA TO BUY 100 PCT OF PRESTINUOVA

* ACQUISITION PRICE, AMOUNTING TO EUR 53.4 MLN, TO BE PAID IN CASH AT CLOSING, EXPECTED BY END OF Q3

* ESTIMATES THAT THE IMPACT ON CET1 RATIO FROM ACQUISITION WILL BE BELOW 18 BASIS POINTS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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