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Stock market: Unipol, Premafin and Fonsai fly

The boards of Unipol Gruppo Finanziario and Unipol Assicurazioni want to continue the merger project with Premafin, Fondiaria Sai and Milano Assicurazioni and re-propose for the swaps "the original structure of the project communicated to the market".

Stock market: Unipol, Premafin and Fonsai fly

Unipol takes off in Piazza Affari, with the share up by more than 6%. Strong increases in mid-morning also for Premafin (+3,6%%) and Fondiaria-Sai (+4%). The trend is linked to the decision by the Bologna-based company on the exchanges to be proposed for the merger project which aims to create the new maxi Italian insurance hub.

The boards of Unipol Gruppo Finanziario and Unipol Assicurazioni have resolved to continue integration project with Premafin, Fondiaria Sai and Milano Assicurazioni, giving mandate to the managing director, Carlo Cimbri, to formulate a proposal to the companies of the Ligresti group “which brings the operation back to the original layout of the project communicated to the market – reads a note – and submitted to the competent Supervisory Authorities”. The terms of the proposal will be disclosed as soon as formalized to the companies.

Meanwhile, with reference to some press rumors circulated, the Enasarco Foundation informs that it does not have "any negotiations underway for the purchase of properties belonging to companies attributable to the Ligresti group or the Fondiaria-Sai group". 

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