Popolare Vita SpA: the selling price of the shares held by UnipolSai determined

Unipol Group S.p.A. informs that BDO Italia S.p.A. and BDO AG Wirtschaftsprüfungsgesellschaft - Actuarial Services, in charge of determining the price, in accordance with the shareholders’ agreements in place, to be paid by Banco BPM S.p.A. to acquire the shares held by the subsidiary UnipolSai in Popolare Vita S.p.A. (the “Company”) (representing 50% of the share capital plus one share), issued their final report today, determining as €1,071m the total value of the Company at 30 June 2017 and, consequently, as €535.5m the selling price of 21,960,001 Popolare Vita shares held by UnipolSai, confirming the evaluation contained in the draft report transmitted to UnipolSai and Banco BPM on 27 October 2017.

Read the complete document.