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Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Banca I.F.I.S Spa > Getting Close/ Vote dates
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Comment by newsimon1707on Nov 08, 2017 5:14pm
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Post# 26928641

RE:RE:Getting Close/ Vote dates

RE:RE:Getting Close/ Vote datesOUPS!  0,15$...

why did fcc tanked today?  Any heads up??

I will always complain about the ratio that was used...  nothing against the consolidation of the 3 companies...

fcc almost never traded at 0,76$!  And this is the price we got!

is it possible that the Aussie vote is not looking good??

this is what I got from their 840 pages document about the merger on their website!  Funny to see that their own experts points out that the deal is not fair for CO1 sharholders!!!  Now I ask you, since when a takeover isn’t fair for the company that is getting taken over???  This is how great our CEO negociated for us!!!



Further, the independent expert appointed by the Cobalt One Board to review the transaction, Ernst & Young Transaction Advisory Services Limited, has concluded that the Scheme is not fair but reasonable and in the best interests of Cobalt One shareholders. The independent expert valued Cobalt One at A$0.093 – A$0.145 per share.
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