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The latest update is out from Banco di Desio e Della Brianza SPA ( (IT:BDB) ).
Banco di Desio e della Brianza has obtained Consob approval for its voluntary full public tender offer for all 2,234,264 ordinary shares of Solutions Capital Management SIM, which are traded on Euronext Growth Milan. The bank aims to acquire the entire free float, reinforcing its position in investment and asset management services.
The acceptance period for the all-cash offer, priced at €4.61 per SCM share subject to adjustment for any dividends, will run from 30 March to 24 April 2026, with settlement scheduled for 30 April. If certain threshold conditions are not met but subsequently waived, the offer period may reopen for an additional five trading days in early May, potentially allowing further shareholders to tender and influencing SCM’s future ownership structure and market presence.
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. is an Italian banking group active in retail and commercial banking, offering financial services to households, SMEs and corporate clients. Through this tender offer, it is also pursuing strategic expansion in the asset management and investment services segment via Solutions Capital Management SIM, which operates on Euronext Growth Milan.
YTD Price Performance: -11.01%
Average Trading Volume: 101,874
Technical Sentiment Signal: Buy
Current Market Cap: €1.11B
See more insights into BDB stock on TipRanks’ Stock Analysis page.