Banca di Legnano was an Italian bank based in Legnano, Lombardy. The bank was absorbed into the parent company Banca Popolare di Milano in 2013. Banca di Legnano was a subsidiary of Banca Commerciale Italiana (BCI) for 55% shares. In 1999, BCI merged with Banca Intesa to form the Intesa–BCI group. On 1 January 2001 Banca Popolare di Milano (BPM) acquired all 55% shares from Intesa, for 1,300 billion lire. It also triggered a public offer to buy the remain shares. In 2002 BPM owned 100% shares of Banca di Legnano. In 2007, BPM was the owner of the bank for 93.51% shares, with the rest owned by Crédit Industriel et Commercial (CIC) for 6.49%, which was acquired in 2004. In 2011 BPM acquired the remaining 6.49% shares for €100 million. More information...
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