Integration ChallengesIntegration challenges could erode expertise, present IT migration hurdles, and cause employment issues tied to integration costs and expected HR synergies.
Merger ChallengesIt would be difficult for Banca IFIS to reach the acceptance threshold of 66.7%, control the extraordinary shareholders meeting and merge the two companies, which would put at stake the success of the offer.
Shareholder OppositionThe opposition from a group of illimity shareholders with a 27% stake in a consultation pact may prevent Banca IFIS from proceeding with the merger, limiting the synergies’ potential and putting at stake the success of the offer.