The shareholders' meetings of Banco Popolare and Banca Popolare di Milano will be held on 15 October called to approve the merger between the two institutions, the first after the reform of the cooperative banks and the first subject to the sole supervision of the ECB.
The Banco board of directors and the Bpm board of directors, explain two identical but distinct press releases, have in fact made an appointment with the shareholders on 15 October 'to deliberate on the merger project through the establishment of a new banking company in the form of a joint-stock company'.
The merger project relating to the operation was registered today with the Companies Register of Milan and Verona. If approved by the shareholders' meetings, it will create the third largest Italian banking group.
