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Banca CF+ Initiates Tender Offer for Banca Sistema Shares

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Banca CF+ Initiates Tender Offer for Banca Sistema Shares

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Banca Sistema S.p.A. ( (IT:BST) ) has shared an announcement.

Banca CF+ S.p.A. has filed an offer document with Consob for a voluntary total public tender offer on the ordinary shares of Banca Sistema S.p.A. The offer, which is not intended to delist the shares, proposes a total consideration of Euro 1.80 per share, combining cash and shares of Kruso Kapital S.p.A. This move could impact the market positioning of Banca Sistema and influence shareholder decisions.

The most recent analyst rating on (IT:BST) stock is a Buy with a EUR2.60 price target. To see the full list of analyst forecasts on Banca Sistema S.p.A. stock, see the IT:BST Stock Forecast page.

More about Banca Sistema S.p.A.

Banca CF+ S.p.A. is a bank specializing in providing credit to small and medium-sized enterprises.

Average Trading Volume: 497,226

Technical Sentiment Signal: Buy

Current Market Cap: €143.8M

Find detailed analytics on BST stock on TipRanks’ Stock Analysis page.

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