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Intesa Sanpaolo SpA Announces Merger by Incorporation of Sudameris SA into Company

Friday, 13 Sep 2013 05:10am EDT 

Intesa Sanpaolo SpA announced that the Management Board of the Bank, in its meeting of May 14, 2013, approved the plan for the merger by incorporation of Sudameris SA (a company owned by the merging company with over 99.8% of the capital), into Intesa Sanpaolo SpA, as well as the related explanatory report. The merger plan - following the authorization released by the Bank of Italy pursuant to art. 57 of Legislative Decree no. 385/1993 - was filed with the Torino Company Register, as provided for by art. 2501-ter of the Italian Civil Code, on September 13, 2013. The merger shall be submitted for approval to the Management Board of Intesa Sanpaolo pursuant to art. 2505, par. 2, of the Italian Civil Code, as provided for by art. 17.2 of the Articles of Association. 

Company Quote

0.026 +1.09%
30 Sep 2014