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    Home > Finance > Anima says board deemed fair price of Banco BPM's buyout offer
    Finance

    Anima says board deemed fair price of Banco BPM's buyout offer

    Published by Global Banking & Finance Review®

    Posted on March 13, 2025

    1 min read

    Last updated: January 24, 2026

    Anima says board deemed fair price of Banco BPM's buyout offer - Finance news and analysis from Global Banking & Finance Review
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    Tags:equityvaluationsfinancial communityinvestment managerscorporate governance

    Quick Summary

    Anima's board approves Banco BPM's 7 euros per share offer to counter UniCredit's takeover bid, aligning with market prices.

    Anima Board Approves Banco BPM's Buyout Offer at €7 per Share

    MILAN (Reuters) - Anima Holding said on Thursday its board had deemed as adequate the price of 7 euros a share proposed by its leading investor Banco BPM to buy out other shareholders in Italy's biggest independent fund manager.

    In an effort to fend off a hostile takeover bid by bigger rival UniCredit, Banco BPM has secured shareholder approval to raise the price of its own bid for Anima, to bring it in line with market prices and boost its chances of success.

    (Reporting by Valentina Za; Editing by Chris Reese)

    Key Takeaways

    • •Anima's board approves Banco BPM's 7 euros per share offer.
    • •Banco BPM seeks to prevent UniCredit's hostile takeover.
    • •Shareholder approval allows Banco BPM to raise its bid.
    • •Anima is Italy's largest independent fund manager.
    • •The move aligns Banco BPM's offer with market prices.

    Frequently Asked Questions about Anima says board deemed fair price of Banco BPM's buyout offer

    1What price did Banco BPM propose for Anima's shares?

    Banco BPM proposed a buyout price of 7 euros per share for Anima.

    2Why did Banco BPM raise its bid for Anima?

    Banco BPM raised its bid to fend off a hostile takeover bid from bigger rival UniCredit and to align with market prices.

    3Who reported on the Anima and Banco BPM situation?

    The article was reported by Valentina Za and edited by Chris Reese.

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