Prelios Spa News Today

(Bloomberg) -- Italy will allow ION Group’s acquisition of asset manager Prelios SpA to go ahead with some conditions, according to people familiar with the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapThese Are the Best Countries for Wealthy ExpatsBond Investors Are Lining Up to Fund the War Against PutinFollowing an in-depth review, Prime Minister Giorgia Meloni’s cabine...

(Bloomberg) -- UBS Group AG has committed to give a loan of up to €700 million ($757 million) to an ION Group holding company slated to take control of Italian asset manager Prelios SpA, in an arrangement that may be extended as the fintech giant awaits a green light from the government. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Dat...

This article highlights the most noteworthy legal and practical considerations surrounding the conclusion of real estate M&A transactions in Italy, including key agreement terms, financing and tax issues.