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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 agreed with Consob that the tender period for its voluntary full takeover bid for Solutions Capital Management SIM will be automatically extended by nine trading days if it fails to reach at least 95% of SCM’s share capital by 24 April 2026. In that case, the offer would run until 8 May 2026 with payment on 14 May 2026, giving remaining shareholders more time to tender and clarifying the path toward a possible squeeze-out, purchase obligations under Italian law and the eventual delisting of SCM.
More about Banco di Desio e Della Brianza SPA
Banco di Desio e della Brianza S.p.A. is an Italian banking group operating in retail and commercial banking, with a focus on serving households, SMEs and local enterprises. Solutions Capital Management SIM S.p.A. is an Italian investment services firm, and the takeover aligns the bank more closely with asset and wealth management activities in its domestic market.
Average Trading Volume: 89,524
Technical Sentiment Signal: Buy
Current Market Cap: €1.23B
See more data about BDB stock on TipRanks’ Stock Analysis page.