Intesa Sanpaolo SpA to Discuss Combination with Unione di Banche Italiane SpA Call Transcript
Good morning, ladies and gentlemen, and welcome to the conference call of Intesa Sanpaolo for the presentation of the combination with UBI Banca hosted by Mr. Carlo Messina, Chief Executive Officer. My name is Cecilia, and I will be your coordinator for today's conference. (Operator Instructions) Today's conference is being recorded.
At this time, I would like to hand the call over to Mr. Carlo Messina. Sir, you may begin.
So good morning. I'm here with Stefano Del Punta, our CFO; Paolo Grandi, our Chief Governance Officer and Head of M&A; and Stefano -- and Marco Delfrate and Andrea Tamagnini, Head of Investor Relations Officer.
So we surprised you by launching a voluntary change offer on UBI Banca. That's for sure. But we considered this deal to be a unique opportunity to create an even stronger European leader that leverages a stronger Italian footprint. We believe this transaction will create value for all the stakeholders of both banks.
But before
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |