Banca Generali has launched a public tender offer for all shares of Intermonte Partners, offering €3.04 per share, with plans for delisting from the Euronext Growth market.

Target Information

Banca Generali S.p.A. (the "Offeror"), a subsidiary of Assicurazioni Generali S.p.A., has initiated a voluntary public tender offer for all ordinary shares of Intermonte Partners SIM S.p.A. ("Intermonte"). The offer comprises a proposed price of €3.04 per share, and upon completion of the acquisition, the Offeror intends to delist Intermonte's shares from the Euronext Growth market.

Intermonte is an independent investment bank renowned for its expertise in brokerage and capital market services. It provides a range of offerings including financial advisory and equity research, focusing on delivering tailored solutions to its clients.

Industry Overview

The investment banking sector in Italy has demonstrated significant growth in recent years, driven by a range of economic factors including increasing foreign invest

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Banca Generali S.p.A.

invested in

Intermonte Partners SIM S.p.A.

in

in a Public-to-Private (P2P) deal

Disclosed details

Transaction Size: $51M

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