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Plans of partial demerger of UniCredit Credit Management Bank and UniCredit Credit Management Immobiliare in favour of UniCredit

The Board of Directors of UniCredit SpA approved in its meeting of August 5th 2014 the plans of partial demerger in favour of UniCredit SpA of the going concern "Business no-core" of UniCredit Credit Management Bank SpA and of the going concern related to the real estate portfolio of UniCredit Credit Management Immobiliare SpA concerning the business activity attributable to former Capitalia.


Bank of Italy gave its authorization to the transactions mentioned on October 24th 2014.

 

During December the partial demergers have been approved by the Shareholders' Meetings of UniCredit Credit Management Bank SpA and UniCredit Credit Management Immobiliare SpA and, pursuant to articles 2505, paragraph 2, and 2506 ter, paragraph 5, of the Italian Civil Code and article 23 of the Articles of Association, by the Board of Directors of UniCredit SpA.

Updated on January 20, 2016.