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Intesa Sanpaolo SpA signs deed for merger by incorporation of Sudameris S.A. into Intesa Sanpaolo


Thursday, 5 Dec 2013 09:52am EST 

Intesa Sanpaolo SpA:Says a deed was signed on Dec. 2 relating to the merger by incorporation of Sudameris S.A. into Intesa Sanpaolo.Says the merger will proceed with an increase in the absorbing company's share capital from 8,545,681,412.32 euros to 8,545,738,608.16 euros through the issue of 109,992 ordinary shares with a nominal value of 0.52 euros each.Says the merger deed was registered in the Turin Company Registers, and the merger will come into legal effect as of Dec. 9.Says as of that date the exchange transaction will begin whereby 13.645 Intesa Sanpaolo ordinary shares will be attributed for every Sudameris ordinary share held by entities other than the absorbing company.Says the exchange transaction shall be carried out by intermediaries, members of the centralized securities clearing system Monte Titoli SpA. 

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21 Nov 2014