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Banco BPM secures 89.9% stake in Anima Holding after tender offer - Finance news and analysis from Global Banking & Finance Review
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Banco BPM secures 89.9% stake in Anima Holding after tender offer

Published by Global Banking & Finance Review

Posted on April 4, 2025

1 min read

· Last updated: April 4, 2025

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Banco BPM Acquires Majority Stake in Anima Holding

MILAN (Reuters) - Italy's Banco BPM on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding required to reap the maximum benefits from the deal.

Bourse data and Reuters calculations showed on Friday, the final day of the offer, take-up had reached around 68% of Anima's share capital.

Considering the 22% stake that Banco BPM already owns, the bank secured 89.9% of the fund manager's capital.

(Reporting by Andrea Mandalà, editing by Gianluca Semeraro and Louise Heavens)

Key Takeaways

  • Banco BPM secured 89.9% of Anima Holding.
  • The bank surpassed the two-third majority threshold.
  • The final take-up reached around 68% of Anima's share capital.
  • Banco BPM already owned a 22% stake in Anima.
  • The acquisition is set to maximize deal benefits.

Frequently Asked Questions

What is the main topic?
The article discusses Banco BPM's acquisition of a majority stake in Anima Holding.
What percentage of Anima Holding does Banco BPM now own?
Banco BPM now owns 89.9% of Anima Holding.
Why is the acquisition significant?
The acquisition surpasses the two-third majority threshold, allowing Banco BPM to maximize deal benefits.

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