Banco Bpm's extraordinary board of directors will be held on Monday 10 December in Verona. On the agenda will be the closure of the Ace project on the eagerly awaited maxi sale of around 8 billion in non-performing loans. “The board of directors will be there on Monday to talk about NPLs”, confirmed the CEO of Banco Bpm, Giuseppe Castagna.
"We hope to close", added the manager on the sidelines of the Prima della Scala, without wanting to provide other details. According to rumors, in the last few days the relaunches of the consortiums in the race would have arrived, which the CEO will present to the board for the final decision.
According to Radiocor, the consortium formed by Credito Fondiario and Elliott is in pole position for acquiring the bank's NPLs, favored over its competitors: DoBank with Fortress and Spaxs, Christofferson Robb & Company with Davidson Kempner and Prelios.
We recall that the Veronese bank would like to sell almost the entire portfolio put on the market and the management platform in order to speed up the derisking process.
