The merger between Banco Popolare , Banca Popolare di Milano it's already done. The marriage between the two banks have undergone a strong acceleration and after the capital increase carried out by the Veronese institute, the project will continue with the establishment of a new banking company which will act as parent company.
After the issue of 465.581.304 shares by Banco Popolare, i exchange ratios of the merger were determined as follows: one share of the New Parent Company for each share of Banco Popolare outstanding at the time the merger takes effect and
one share of the New Parent Company for every 6,386 BPM shares outstanding at the time the merger takes effect.
