2000/2009
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
Takeover bid of BNL
Jul 01 2005
Jul 01 2005
Unipol is the 3rd Company in the Italian market and it pursues the proposed acquisition of Banca Nazionale del Lavoro with a PPO (Public Purchase Offer) of BNL shares to be initiated, however, subject to approval of the Bank of Italy, after consulting ISVAP.
After a particularly tortuous process that lasted five months, on 10 January 2006 the Bank of Italy announces that it has verified the conditions of compliance with the prudential requirements on capital adequacy necessary for the authorization to acquire control of BNL. Such opinion is finally confirmed on 3 February 2006.