(Alliance News) - UnipolSai Spa permanently exited the Italian Stock Exchange on Wednesday after the takeover bid of Unipol Spa, which ended in recent days.

Unipol took over all the shares not yet held in the exiting mid-cap company. Lastly, Unipol bought 86.7 million shares not taken up in the takeover bid, equivalent to 3.1 percent of UnipolSai's capital, for EUR219.9 million.

Unipol's stock is up 2.3 percent at EUR9.47 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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