Unipol Group - Business plan outline for BNL integration and MTO financing details
Saturday, July 23, 2005
The launch of the mandatory tender offer on BNL aims at setting up the 4th largest insurance, banking and financial group in the Italian market as measured by revenues and the 6th largest Italian financial group as measured by business volumes (2004 proforma data)
The business plan relating to the integration of BNL in the group is expected – according to the first estimates – to realize total synergies of €488m by the end of the plan.