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Stock Exchange: Pop Vicenza withdraws offer, Banca Etruria collapses

The halt to the negotiations for the integration with the Popolare di Vicenza drags the share of Banca Etruria into the dust, which loses over 13% in Piazza Affari - The offer of the Vicenza institute is to be considered lapsed due to the lack of positive evaluation on the Takeover bid by Banca Etruria's Board of Directors.

Stock Exchange: Pop Vicenza withdraws offer, Banca Etruria collapses

Banca Etruria collapses in Piazza Affari. By mid-morning, in fact, the share of the institution based in Arezzo dropped over 13% on the Stock Exchange, to 0,78 euros.

The end of the integration negotiations pushed the bank's prices down with the Popolare di Vicenza: the institute from Vicenza, in fact, communicated yesterday evening that it considered the binding offer for integration to have lapsed.

The reason for the decay of the offer was the lack of a positive assessment of the takeover bid by the Board of Directors of Banca Etruria. 

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