BPER Banca sets price for €800m rights offer

Aidan Gregory

September 30, 2020 10:30 am

Milan_PA_575_375 — Italy: Skyline of Milan in the direction of Porta Nuova financial district. Photo from 19. March 2016. | Daniel Kalker/DPA/PA Images

BPER Banca, the Modena-based banking group, has unveiled the terms for a €800m rights issue to fund an acquisition of hundreds of branches across northern Italy from Intesa Sanpaolo.

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Topics

Santander Italy JP Morgan Equity Barclays EMEA People and Markets Bank Strategy BNP Paribas FIG People and Markets Europe Crédit Agricole Follow-ons and Rights issues FIG Equity People and Markets

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Aidan Gregory