“We are always hopeful, the answer will come shortly”. Thus the president of Banca Popolare di Vicenza, Gianni Zonin, replied, on the sidelines of the Bankitalia meeting, on the takeover bid launched by the institution on Banca Etruria.
Just yesterday, the news that Banca Popolare di Vicenza intends to launch a total takeover bid on the shares of Banca Popolare dell'Etruria e del Lazio at one euro per share - with a premium of 25,8% compared to the official stock market price of 27 May (0,7949 euro ) – had made Pop Etruria's stock market value soar very close to that threshold.
Today however, around 11,45 am, the share of the Central Italy institute sails just below parity, registering a -0,37% 0,936 euro.
