Intesa won’t change UBI bid terms, talking to regulator on “MAC” clause – exec to paper
Intesa Sanpaolo won’t improve the
terms of its takeover offer for UBI Banca and is discussing with
Italy’s market regulator whether or not the pandemic triggered a
clause giving the buyer a way out, a top executive was quoted as
saying.
terms of its takeover offer for UBI Banca and is discussing with
Italy’s market regulator whether or not the pandemic triggered a
clause giving the buyer a way out, a top executive was quoted as
saying.
Posted by Reuters
