Banca Profilo shares jump as biggest shareholder lays ground for possible takeover
Shares in Italy’s Banca Profilo
surged more than 17% on Friday after the lender’s
majority shareholder announced plans to extract value from its
53.5% stake, laying the ground for a possible takeover.
surged more than 17% on Friday after the lender’s
majority shareholder announced plans to extract value from its
53.5% stake, laying the ground for a possible takeover.
Posted by Reuters
