Banca Farmafactoring acquires DEPObank
Banca Farmafactoring S.p.A. (“BFF” or the “Group”) – the leading financial services provider to suppliers of the National Healthcare System and Public Administration sectors in Europe – announces that it has signed a binding agreement.
Banca Farmafactoring S.p.A. (“BFF” or the “Group”) – the leading financial services provider to suppliers of the National Healthcare System and Public Administration sectors in Europe – announces that it has signed a binding agreement with Equinova UK HoldCo Limited (“Equinova”) for the acquisition of DEPObank – Banca Depositaria Italiana S.p.A. (“DEPObank” or the “Target”) and the subsequent merger by incorporation into BFF (the “Transaction”).
The Transaction will (i) create the leading independent player in the Italian speciality finance space, (ii) boost DEPObank’s business, and (iii) strengthen the funding and capital resources available to serve BFF’s customers.
Legal advisers to DEPObank were Linklaters, Pirola Pennuto Zei & Associati and Carbonetti and Associates. The legal advisers to Equinova UK Holdco Limited were BonelliErede and advisers to BFF were Di Tanno and Associates and Legance.
