July 28, 2020 / 4:32 PM / 15 days ago

BRIEF-Investor Takeup In Intesa's Bid For UBI Reaches 71.9% - Italy Bourse

July 28 (Reuters) -

* ITALY BOURSE SAYS INVESTORS TENDERED UBI SHARES IN INTESA SANPAOLO EXCHANGE OFFER ACCOUNTING FOR 71.9% OF BID’S TARGET

* INVESTOR TAKE-UP IN INTESA’S OFFER FOR UBI TOPS THRESHOLD OF 50% PLUS ONE SHARE SET FOR BID TO BE VALID

* INTESA TOPS 66.67% THRESHOLD IN BID FOR UBI WHICH GUARANTEES CONTROL OF EXTRAORDINARY SHAREHOLDER RESOLUTIONS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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