Latest news with #BancaPopolarediSondrio
Reuters
11-07-2025
- Business
- Reuters
BPER Banca secures 58.49% stake in Banca Popolare di Sondrio
ROME, July 11 (Reuters) - BPER Banca ( opens new tab has successfully closed its voluntary public tender and exchange offer for Banca Popolare di Sondrio ( opens new tab, reaching 58.49% ownership, a stake that guarantees its full control, the company said on Friday In February, BPER launched an all-share takeover bid for BPSO as dealmaking picked up in the Italian financial sector. Last week, the bank sweetened its offer by adding a cash component of 1 euro ($1.17) per BPSO share, valuing BPSO at 5.44 billion euros. Last week, BPER chief Gianni Franco Papa said he was confident that the lender would go over a 50% take-up threshold in its ongoing takeover bid for Sondrio, in an interview with the MF newspaper. Borsa Italiana data earlier in the day showed that take-up had reached 58.35% of Sondrio's share capital. Papa called it a significant milestone that would strengthen BPER's position among Italy's top banking groups, with the emerging group aiming for a presence of more than 2,000 branches and 6 million customers, according to the statement.
Bloomberg
11-07-2025
- Business
- Bloomberg
BPER Set to Take Over Popolare Sondrio Amid Italy's M&A Wave
BPER Banca SpA is set to take control of rival Banca Popolare di Sondrio SpA after its bid won the backing of a majority of investors. Shareholders tendered 58.3% of Popolare Sondrio's capital, above the minimum threshold of 50% plus one share set by BPER, according to a Milan stock exchange statement.
Reuters
10-07-2025
- Business
- Reuters
Italian lender BPER secures nearly 36% stake in Pop Sondrio
MILAN, July 10 (Reuters) - Italy's fourth-largest lender, BPER Banca ( opens new tab, said on Thursday it has secured almost 36% of Banca Popolare di Sondrio (BPSO)( opens new tab under its buyout offer, a stake it considers sufficient to secure control of its smaller rival. In February, BPER launched an all-share takeover bid for BPSO as deal-making picked up in the Italian financial sector. Last week, the bank sweetened its offer by adding a cash component of 1.00 euro ($1.17) per BPSO share, valuing BPSO at 5.44 billion euros. Borsa Italiana data earlier in the day showed that take-up had reached 35.96% of Banca Popolare di Sondrio's share capital. The acceptance period for the offer ends on Friday, BPER said. The bid highlights the frenzied pace of bids and offers in Italy's banking sector over the last year. BPER has a market capitalization of about 10.8 billion euros, more than double Popolare di Sondrio's 5.36 billion euros, according to LSEG data. ($1 = 0.8554 euros)
Yahoo
11-02-2025
- Business
- Yahoo
3 Prominent Dividend Stocks To Consider For Your Portfolio
Amidst a backdrop of global market volatility driven by tariff uncertainties and mixed economic indicators, investors are increasingly seeking stable income sources to navigate these turbulent times. Dividend stocks often provide a reliable stream of income and can be an attractive option for those looking to balance their portfolios with consistent returns, especially when market conditions are unpredictable. Name Dividend Yield Dividend Rating Tsubakimoto Chain (TSE:6371) 4.21% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 4.04% ★★★★★★ Peoples Bancorp (NasdaqGS:PEBO) 4.89% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.03% ★★★★★★ Southside Bancshares (NYSE:SBSI) 4.58% ★★★★★★ China South Publishing & Media Group (SHSE:601098) 4.13% ★★★★★★ Citizens & Northern (NasdaqCM:CZNC) 5.16% ★★★★★★ DoshishaLtd (TSE:7483) 3.87% ★★★★★★ FALCO HOLDINGS (TSE:4671) 6.47% ★★★★★★ Yamato Kogyo (TSE:5444) 3.85% ★★★★★★ Click here to see the full list of 1961 stocks from our Top Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Banca Popolare di Sondrio S.p.A., along with its subsidiaries, offers a range of banking products and services in Italy and has a market capitalization of approximately €4.21 billion. Operations: Banca Popolare di Sondrio S.p.A. operates through various revenue segments, providing a diverse array of banking products and services across Italy. Dividend Yield: 8.5% Banca Popolare di Sondrio's dividend yield is among the top 25% in the Italian market, with a payout ratio of 62.6%, indicating dividends are well-covered by earnings. However, its dividend track record has been volatile and unreliable over the past decade. Recent earnings growth and a proposed acquisition by BPER Banca SpA valued at €4.32 billion could influence future dividend stability and growth potential, subject to regulatory approvals and integration success. Get an in-depth perspective on Banca Popolare di Sondrio's performance by reading our dividend report here. Our expertly prepared valuation report Banca Popolare di Sondrio implies its share price may be too high. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: China Medical System Holdings Limited is an investment holding company that manufactures, sells, markets, and promotes pharmaceutical products in the People's Republic of China, with a market cap of HK$18.24 billion. Operations: The company's revenue primarily comes from the marketing, promotion, sales, and manufacturing of pharmaceutical products, amounting to CN¥7.01 billion. Dividend Yield: 5.5% China Medical System Holdings has a payout ratio of 40.3%, suggesting dividends are covered by earnings, though past payments have been volatile. The dividend yield is lower than the top tier in Hong Kong. Recent collaborations, like with Mabgeek Biotechnology for MG-K10, aim to enhance its innovative drug pipeline and market presence. Despite trading below estimated fair value, the company's dividend reliability remains questionable due to an unstable track record. Click to explore a detailed breakdown of our findings in China Medical System Holdings' dividend report. Our valuation report unveils the possibility China Medical System Holdings' shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Pinthong Industrial Park Public Company Limited, along with its subsidiaries, focuses on the development and rental of real estate projects in Thailand and has a market cap of THB7.89 billion. Operations: Pinthong Industrial Park Public Company Limited generates revenue primarily from its industrial estate segment, which amounts to THB4.51 billion. Dividend Yield: 8.7% Pinthong Industrial Park's dividend yield is among the top 25% in Thailand, supported by a low payout ratio of 33.8%, ensuring sustainability through earnings and cash flows. Despite only three years of dividend history, payments have been stable with growth potential. The company trades below estimated fair value and reported significant revenue growth to THB 3.16 billion for the first nine months of 2024, showcasing robust financial health despite anticipated future earnings decline. Dive into the specifics of Pinthong Industrial Park here with our thorough dividend report. Insights from our recent valuation report point to the potential undervaluation of Pinthong Industrial Park shares in the market. Gain an insight into the universe of 1961 Top Dividend Stocks by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BIT:BPSO SEHK:867 and SET:PIN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
