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Banco Desio Seeks Control of SCM with Public Purchase Offer

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Banco Desio Seeks Control of SCM with Public Purchase Offer

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An update from Banco di Desio e Della Brianza SPA ( (IT:BDB) ) is now available.

Banco di Desio e della Brianza S.P.A. has filed an offer document with Consob for a voluntary public purchase offer on ordinary shares of Solutions Capital Management SIM S.p.A., aiming to delist these shares from Euronext Growth Milan. This strategic move is intended to secure a controlling interest in the issuer, potentially impacting the company’s market positioning and stakeholder interests.

The most recent analyst rating on (IT:BDB) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Banco di Desio e Della Brianza SPA stock, see the IT:BDB Stock Forecast page.

More about Banco di Desio e Della Brianza SPA

Banco di Desio e della Brianza S.P.A. operates in the financial services industry, focusing on banking and investment services. It is involved in offering a range of financial products and services to its clients, with a market focus on expanding its control and influence within the financial sector.

YTD Price Performance: 42.66%

Average Trading Volume: 132,989

Technical Sentiment Signal: Buy

Current Market Cap: €1.23B

For an in-depth examination of BDB stock, go to TipRanks’ Overview page.

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