Banco BPM Vita S.p.A. has launched a voluntary public tender offer to acquire Anima Holding S.p.A. for €7.00 per share, aiming to strengthen its presence in Italy's asset management market.

Information on the Target

Banco BPM Vita S.p.A. (referred to as "BBPM Vita" or the "Bidder") has initiated a voluntary public tender offer to acquire the share capital of Anima Holding S.p.A. ("Anima" or the "Issuer"). The offer encompasses up to 253,756,155 shares of Anima, with the Bidder proposing a price of €7.00 per share for all shares tendered.

Anima Holding S.p.A. is a prominent player in the Italian asset management sector, boasting revenues of €530 million for the year 2024. As the leading independent asset management firm in Italy, Anima specializes in offering mutual funds and customized asset management solutions to a diverse client base that includes both private and institutional investors.

Industry Overview in Italy

The asset management industry in Italy has shown significant growth in recent years, driven by increasing demand for investment products and solutions from both retail and institutiona

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Banco BPM Vita S.p.A.

invested in

Anima Holding S.p.A.

in 2024

in a Public-to-Private (P2P) deal

Disclosed details

Transaction Size: $1,774M

Revenue: $530M

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