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Banco di Desio Nears Full Takeover of Solutions Capital Management with High Tender Uptake

Story Highlights
  • Banco di Desio is conducting a voluntary tender offer for all shares of Solutions Capital Management at EUR 4.61 each.
  • With 85.37 percent of shares already tendered, the bank is close to securing full control of SCM before the 24 April deadline.
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Banco di Desio e Della Brianza SPA ( (IT:BDB) ) has shared an announcement.

Banco di Desio e della Brianza S.p.A. has launched a voluntary total public tender offer for all ordinary shares of Solutions Capital Management SIM S.p.A., an Italian financial services firm. The offer targets up to 2,234,264 shares, representing the entire share capital of SCM at the date of the offer document.

As of the third week of the tender period, which runs from 30 March to 24 April 2026, a total of 1,907,402 SCM shares have been tendered, equal to 85.37% of the shares subject to the offer. This includes the contribution of 1,793,680 shares, or 80.28% of the capital, from controlling shareholder Holding Partecipazioni Societarie S.r.l., signaling strong support for the transaction.

During the third week alone, from 13 to 17 April 2026, 34,550 shares were tendered, showing continued but moderating participation as the deadline approaches. The consideration remains set at EUR 4.61 per share on a cum-dividend basis, and investors have until 24 April 2026 to join the offer, barring any extension or reopening of the tender terms.

The high acceptance level indicates that Banco di Desio e della Brianza is on track to acquire effective control, and potentially full ownership, of SCM, reinforcing its role in the Italian investment and asset management sector. For SCM shareholders, the offer provides a liquidity event at a defined price, while for the bank it represents a strategic expansion of its product range and advisory capabilities.

More about Banco di Desio e Della Brianza SPA

Banco di Desio e della Brianza S.p.A. is an Italian banking group that provides retail and corporate banking services, including lending, savings products, and investment services. The bank operates primarily in Italy and uses strategic equity investments and acquisitions to strengthen its position in financial services and asset management.

Average Trading Volume: 92,110

Technical Sentiment Signal: Buy

Current Market Cap: €1.23B

See more data about BDB stock on TipRanks’ Stock Analysis page.

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