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EQUITA assisted BPER with the takeover bid on Banca Popolare di Sondrio

EQUITA SIM - M&A Advisory

The transaction in a nutshell

2025 02 BPER PopSo
Client:
BPER Banca S.p.A.
Date:
February 2025
Mandate:
Takeover bid on Banca Popolare di Sondrio
Role:
Appointed Intermediary
Value:
€ 4000 m
Team:
M&A advisory
Advisor:
EQUITA SIM

The company

BPER Banca Group is a strong entity of five banks, all autonomous and well-established in their various areas of operation. In addition to the banks, the Group also includes numerous product companies (asset management, personal loans, etc.) and special purpose vehicles.

One of the first cooperative banks to be founded in Italy, inspired by the cooperative credit model advocated by Luigi Luzzatti, Banca Popolare di Sondrio has been serving the territories in which it operates since its foundation in Valtellina in 1871.

Over time, the range of activities has been extended to the whole country, while maintaining strong links with the area of origin where the Head Office and the Central Departments are still located.

Following the approval of the corporate transformation resolved by the Extraordinary Shareholders' Meeting of 29 December 2021, the Bank operates as a joint-stock company and heads a banking group with over 150,000 shareholders, more than 500 branches and over 900,000 customers.

Banca Popolare di Sondrio boasts a long history of growth, values and culture, based on mutual trust and nourished by a passion for work, constant attention to customers and the evolution of their needs. On the strength of its solid founding principles that have inspired a balanced and profitable business model, the bank looks to the future with confidence and works with determination to continue to carry out its activities effectively, to the benefit of customers and all stakeholders.