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.