Background of the tender offer launched by Banca IFIS on Illimity
On Jan 8th, IFIS launched a tender offer on ILTY (0.1 new IFIS share for every ILTY share plus EUR1.414/sh cash (EUR1.506 post dividend on 19th May). Offer runs from May 19th to June 27th.
ILTY BoD response to Banca IFIS tender offer
On Friday, the BoD of ILTY said the offer is fair from a financial point of view but lacks clarity on details, which prevented them from giving an assessment of the overall offer.
An industrial co ....

20 May 2025
Weak Q1 but green light on IFIS tender price from the BoD

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Weak Q1 but green light on IFIS tender price from the BoD
illimity Bank SpA (ILTY:MIL) | 0 0 0.0%
- Published:
20 May 2025 -
Author:
Baldelli Michele BM -
Pages:
22 -
Background of the tender offer launched by Banca IFIS on Illimity
On Jan 8th, IFIS launched a tender offer on ILTY (0.1 new IFIS share for every ILTY share plus EUR1.414/sh cash (EUR1.506 post dividend on 19th May). Offer runs from May 19th to June 27th.
ILTY BoD response to Banca IFIS tender offer
On Friday, the BoD of ILTY said the offer is fair from a financial point of view but lacks clarity on details, which prevented them from giving an assessment of the overall offer.
An industrial co ....