April 18, 2018 / 6:08 AM / in 7 months

BRIEF-Trinity Launches Takeover Bid On Banca Intermobiliare

April 18 (Reuters) - BANCA INTERMOBILIARE ON BEHALF OF TRINITY:

* TRINITY SAID ON TUESDAY THAT CONDITIONS ARE MET FOR THE LAUNCH OF A TAKEOVER BID ON BANCA INTERMOBILIARE

* TAKEOVER BID FOLLOWS THE EXECUTION OF THE AGREEMENT FOR THE ACQUISITION BY TRINITY OF A 68.8 PCT STAKE IN BANCA INTERMOBILIARE

* TRINITY WILL PAY EUR 0.22411 PER TENDERED SHARE AND COULD PAY AN ADDITIONAL VARIABLE AMOUNT IF SOME CONDITIONS ARE MET

* TRINITY INTENDS TO DELIST BANCA INTERMOBILIARE

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Further company coverage: (Gdynia Newsroom)

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