tiprankstipranks
Trending News
More News >

illimity Bank Ends Consultation Agreement Amid Banca Ifis Offer

Story Highlights
  • illimity Bank terminates a consultation agreement involving 27.2% of its share capital.
  • The termination follows Banca Ifis’s public purchase and exchange offer for illimity Bank.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
illimity Bank Ends Consultation Agreement Amid Banca Ifis Offer

Confident Investing Starts Here:

An update from illimity Bank SpA ( (IT:ILTY) ) is now available.

illimity Bank S.p.A. announced the termination of a consultation agreement involving approximately 27.2% of its share capital, following a public purchase and exchange offer by Banca Ifis S.p.A. This decision, effective June 25, 2025, marks a significant development in the ongoing acquisition process, potentially impacting the bank’s shareholder dynamics and market positioning.

The most recent analyst rating on (IT:ILTY) stock is a Hold with a EUR5.70 price target. To see the full list of analyst forecasts on illimity Bank SpA stock, see the IT:ILTY Stock Forecast page.

More about illimity Bank SpA

Average Trading Volume: 260,409

Technical Sentiment Signal: Strong Sell

Current Market Cap: €278.8M

For detailed information about ILTY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1