|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.24 - 12.28|
|52 Week Range||5.03 - 12.58|
|Beta (5Y Monthly)||2.64|
|PE Ratio (TTM)||9.74|
|Earnings Date||Feb 09, 2021|
|Forward Dividend & Yield||0.23 (1.87%)|
|Ex-Dividend Date||Apr 26, 2021|
|1y Target Est||0.11|
Credit Agricole Italia secured majority support for a $1 billion takeover of rival bank Creval on Wednesday, after agreeing to pay the maximum price regardless of acceptance levels for its offer. A low take-up had threatened to thwart plans by France's second-largest bank Credit Agricole to cement its presence in Italy's consolidating banking sector, which is its biggest foreign market. Credit Agricole Italia had upped the bid price to 12.20 euros a share from an initial 10.50 euros, a level which Creval shares had been consistently trading above.
Moody's Investors Service, ("Moody's") has today withdrawn the other short-term rating of Credito Valtellinese S.p.A. (Creval). Moody's has decided to withdraw the rating for its own business reasons. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.