Authorization obtained from AGCM for acquisition of a Going Concern from Intesa Sanpaolo Group

Today the Italian Competition Authority (AGCM) announced that, at the session of 4 August 2020, authorised the acquisition by BPER Banca S.p.A. (BPER) of a Going Concern from Intesa Sanpaolo Group consisting of 532 branches and related legal relationships. In particular, following the notification made by BPER, and considering the further information communicated, as well as the favorable opinion issued by IVASS, the Authority has been able to verify that the transaction in question does not raise any antitrust doubts.