BPER added $530 million in cash to its original bid.

(Reuters) -Italian lender BPER has increased its bid for smaller rival Popolare di Sondrio to 5.44 billion euros ($6.39 ...

(Reuters) -Italian lender BPER said on Thursday that it has increased its bid for smaller rival Popolare di Sondrio, valuing ...

The updated offer comprises 1.450 newly issued BPER shares and an additional cash payment of €1 per Popolare di Sondrio share.

Italian lender BPER has raised its offer to acquire Banca Popolare di Sondrio to €5.4bn ($6.4bn). This marks a substantial jump from its initial €4.3bn all-share proposal launched in February ...

Italian lender BPER said on Thursday that it has increased its bid for smaller rival Popolare di Sondrio , valuing the bank at 5.44 billion euros ($6.39 billion), according to Reuters' calculation.

BPER's market capitalisation of about 10.9 billion euros is more than double mid-sized lender BPSO's market value of 5.32 billion euros, according to LSEG data. The increased offer from Italy's fourth ...

BPER said that this adds 451.8 million euros in cash to its original bid. This values the target at 5.47 billion euros, based on BPER's closing price of 7.65 euros and BP Sondrio's at 11.74 euros ...

Italian lender BPER Banca BPE -2.04% topped up its offer for Banca Popolare di Sondrio BPSO 0.81% by throwing in a cash component to value the smaller rival at around 5.47 billion euros ($6.43 ...

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