Wednesday, 12 March 2014 - 11:00am

Banca Popolare di Spoleto

Wednesday 12 March 2014

Banco di Desio e della Brianza SpA (“Banco Desio”) announces that it has received notice today from the Special Administrators of Banca Popolare di Spoleto (under Special Administration) that the binding offer presented by Banco Desio on 5 December 2013 was the most suitable for achieving the restructuring objectives of Banca Popolare di Spoleto.
Banco Desio was therefore invited to contact the Special Administrators to define the investment contract that will contain details of the technical execution methods of the transaction and the main aspects of the consolidation plan.
After signing the investment contract, the tasks associated with the approval procedure of the various Supervisory Authorities involved will begin.

Desio, 12 March 2014

BANCO DI DESIO E DELLA BRIANZA SPA
The Chief Executive Officer

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Last updated 07/07/2014