Fourth takeover offer in Italian banking since September illimity founded by ex Intesa chief, backed by ex Barclays CEO Ifis says competition is intensifying, must join forces Illimity had no ...

(Bloomberg) -- Banca Ifis SpA, the Italian lender founded by the billionaire Furstenberg family, is offering to buy rival Illimity Bank SpA, the latest move in a flurry of consolidation activity ...

MILAN (Reuters) -Italy's Banca Ifis on Wednesday made a 298 million euro ($309 million) surprise offer in shares and cash for rival specialty lender illimity, to bulk up in a competitive market. The ...