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Banca CF+ Gains Antitrust Approval for Banca Sistema Acquisition

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Banca CF+ Gains Antitrust Approval for Banca Sistema Acquisition

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The latest announcement is out from Banca Sistema S.p.A. ( (IT:BST) ).

Banca CF+ S.p.A. has received antitrust authorization from the European Commission for its voluntary total public offer to purchase ordinary shares of Banca Sistema S.p.A. This approval is a crucial step in completing the acquisition process, as it removes any regulatory hurdles related to antitrust concerns, allowing the operation to proceed without conditions or remedies.

The most recent analyst rating on (IT:BST) stock is a Hold with a EUR1.94 price target. To see the full list of analyst forecasts on Banca Sistema S.p.A. stock, see the IT:BST Stock Forecast page.

More about Banca Sistema S.p.A.

Average Trading Volume: 327,045

Technical Sentiment Signal: Buy

Current Market Cap: €125.6M

See more insights into BST stock on TipRanks’ Stock Analysis page.

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