KM Financial Solutions | Intesa won’t change UBI bid terms, talking to regulator on “MAC” clause – exec to paper
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Intesa won’t change UBI bid terms, talking to regulator on “MAC” clause – exec to paper

Intesa won’t change UBI bid terms, talking to regulator on “MAC” clause – exec to paper

Intesa Sanpaolo won’t improve the
terms of its takeover offer for UBI Banca and is discussing with
Italy’s market regulator whether or not the pandemic triggered a
clause giving the buyer a way out, a top executive was quoted as
saying.

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