Italy's Pop Sondrio doubles payouts to fend off BPER's bid
Italy's Banca Popolare di Sondrio on Wednesday vowed to double payouts to investors through 2027 and set ambitious profit goals as it strives to fend off a takeover offer from bigger rival BPER Banca.
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Popolare di Sondrio doubles dividends to 1,5 billion in 3 years. “The bank will remain an independent entity”
The Valtellina bank responds with a new industrial plan to the takeover bid launched by Bper: between 2025 and 2027 the target is 1,8 billion in cumulative profit and 1,5 billion in dividends, ...