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Takeover bid Pirelli, possible role of Intesa

The Messina CEO: "We could have financial support roles during the takeover bid" – To date, JP Morgan is the leader of the loan of over 7 billion euros.

Takeover bid Pirelli, possible role of Intesa

Intesa Sanpaolo could work together with JP Morgan to finance theChemChina takeover bid on Pirelli. This was announced by the managing director of the Italian Bank, Charles Messina, on the sidelines of the presentation of the Intesa Sanpaolo pavilion at the Expo. 

"We could have roles of financial support during the takeover bid - he said -, but we will see this in the coming weeks". 

To date, JP Morgan is the leader of the loan, which is worth over 7 billion euros.

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