Unipol Assicurazioni S.p.A. (UFGSY) Discusses Acquisition of Banca Monte dei Paschi Branches and Strategic Industrial Undertaking Transcript
Operator
Good afternoon. That is the Refrain Name convention operator. Welcome, and thanks for becoming a member of the Unipol convention name. Presently, I wish to flip the convention over to Mr. Matteo Laterza, CEO of Unipol. Please go forward, sir.
Matteo Laterza
GM, CEO & Director
Okay. Thanks very a lot for collaborating to this name. Initially, sorry for the delay. However as you may count on, it’s a very busy day. This time, we may have the chance to current a transaction that, as you understand, is within the context of the trade and money tender supply that Intesa Sanpaolo launched on Banca Monte dei Paschi shares this morning.
On this extent, this transaction on one hand, would discover a definitive, hopefully, resolution on any doable roadblock that Intesa Sanpaolo might have coming from the Antitrust authority. However however, would give Unipol a singular alternative to appreciate an formidable industrial undertaking that’s worth inventive for the reason that starting for our shareholders, placing at work our capital and furthering our technique as is the title of this presentation.
And I’ll observe the presentation as a assist of the remark that I’ll do in in regards to the particulars of the transaction. When Intesa Sanpaolo money and trade public tender supply