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Stock market, the shares of the Ligresti galaxy collapse: Premafin -5%, Fondiaria-Sai -3,5%

After Premafin's board of directors said yes to Unipol's proposal on share swaps, it seems clear that Ligresti hopes that the bank's intransigence line will crack and Sator Palladio's alternative offer will take off: the strategy is rejected for now by the markets – Unipol, on the other hand, did well: +0,5%.

Stock market, the shares of the Ligresti galaxy collapse: Premafin -5%, Fondiaria-Sai -3,5%

The strategy of the Ligresti family regarding the Unipol-Fonsai deal is clear, but it is rejected by the markets. After Premafin's board of directors said yes to Unipol's exchange rate proposal, it now seems clear that Ligresti is confident that the bank's intransigence line will crack and Sator Palladio's alternative offer will take off: a capital increase of 800 million for Fonsai alone, half guaranteed by the two finance companies, the rest by market.

The plan had galvanized Piazza Affari on Friday, where Fonsai had achieved a 12% increase, but today (scheduled the board of directors of Fondiaria-Sai and Milano Assicurazioni, while tomorrow is the Premafin meeting) the Ligresti galaxy is falling on the stock market. In mid-morning, the share of the family financial company dropped 4,83% to 0,22 euro, while Fonsai lost 3,5% to 1,07 euro; against the trend Unipol which marks a +0,46% to 19,76 euro.

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