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BFF Bank SpA ( (IT:BFF) ) has provided an announcement.
BF Agro-Industriale S.r.l., a subsidiary of B.F. S.p.A., along with minority shareholders, has entered into an agreement with PM&PARTNERS SGR S.p.A. and Armònia SGR S.p.A. for the acquisition of BIA S.p.A. The acquisition, valued at 57 million euros, includes potential earn-out and earn-in adjustments based on EBITDA targets. The transaction is expected to be completed by December 31, 2025, subject to certain conditions, including the signing of a financing contract and a shareholders’ agreement that will regulate governance and share circulation.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
More about BFF Bank SpA
Average Trading Volume: 305,187
Technical Sentiment Signal: Buy
Current Market Cap: €2.05B
See more data about BFF stock on TipRanks’ Stock Analysis page.