Green light from Premafin's board of directors for the 400 million euro capital increase reserved for Unipol. This paves the way for the four-way merger plan with Fonsai and Milano Assicurazioni.
This was stated by a director of the holding company as he left the meeting, explaining that "the Board has given the powers (to sign) to Andrea Novarese, and secondly to Ernesto Vitiello". The councilor also explained that the board of directors rejected the proposal made by the president Giulia Ligresti to extend the operation "by a majority".
Most of the directors are now moving to the center of Milan, behind Palazzo Marino, where the office of the notary Carlo Marchetti will formalize the operation in minutes.
Premafin's capital increase is functional to the holding's participation in the 1,1 billion recapitalization of Fonsai which started last Monday.
