Banco BPM secures 89.9% stake in Anima Holding after tender offer
Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
Banco BPM secures 89.9% of Anima Holding, surpassing the required threshold for maximum benefits in their buyout offer.
MILAN (Reuters) - Italy's Banco BPM on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding required to reap the maximum benefits from the deal.
Bourse data and Reuters calculations showed on Friday, the final day of the offer, take-up had reached around 68% of Anima's share capital.
Considering the 22% stake that Banco BPM already owns, the bank secured 89.9% of the fund manager's capital.
(Reporting by Andrea Mandalà, editing by Gianluca Semeraro and Louise Heavens)
The article discusses Banco BPM's acquisition of a majority stake in Anima Holding.
Banco BPM now owns 89.9% of Anima Holding.
The acquisition surpasses the two-third majority threshold, allowing Banco BPM to maximize deal benefits.
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