Capitalia

Capitalia
Native name
 Capitalia S.p.A.
listed Società per Azioni
Industry Financial services
Fate absorbed by UniCredit
Predecessor
Successor UniCredit
Founded 1 July 2002 (2002-07-01)
Defunct 2007
Headquarters Rome, Italy
Key people
Increase €1.162 billion (2006)
Total assets Increase €137.132 billion (2006)
Total equity Increase €9.717 billion (2006)
Subsidiaries
Website Official website
Footnotes / references
2006 data

Capitalia was an Italian banking group headquartered in Rome. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing news shares of UniCredit for shares of Capitalia.[1]

History

Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco).[2] In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata.

Capitalia in turn agreed to be taken over by UniCredit in May 2007, becoming part of the second-largest bank in the European Union by stock market value and the sixth-largest in the world.

Merger with UniCredit

In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UniCredit. All banks of the Capitalia group in Northern Italy will be reconfigured as UniCredit banks; in turn, all Unicredit banks in the rest of Italy will be reconfigured as either Banca di Roma banks (rest of mainland Italy and Sardinia) or as Banco di Sicilia banks (in Sicily only).

Group members

As of 31 December 2006[3]
  • retail banks:
  • Commercial, investment and merchant banks:
    • Capitalia Merchant S.p.A.
    • Capitalia Partecipazioni S.p.A.
    • Capitalia Sofipa SGR S.p.A. (ex-MCC Sofipa SGR)
    • Capitalia Asset Management SGR S.p.A.
    • Capitalia Investimenti Alternativi SGR S.p.A. (95% stake, other 5% FinecoBank)
    • Capitalia Luxembourg S.A. (99.99% stake, ex-Banca di Roma International)
    • Eurofinance 2000
    • FinecoLeasing S.p.A. (99.99% stake)
    • Fineco Finance Limited
    • Fineco Mutui S.p.A. (subsidiary of FinecoBank)
    • Fineco Verwaltung
    • Fondi Immobiliari Italiani SGR (51.55% stake)
    • IRFIS – Mediocredito della Sicilia (subsidiary of Banco di Sicilia for 76.25% stake)
    • Immobiliari Piemonte (subsidiary of MCC)
    • Mediocredito Centrale
  • common service companies:
    • Capitalia Informatica S.p.A.
    • Capitalia Service JV S.r.l.
    • Capitalia Solutions (51% stake)
  • minority interests
    • Fineco Assicurazioni S.p.A. (49% stake)
    • CNP Capitalia Vita S.p.A. (16.92% stake by Capitalia, 21.88% stake by Fineco Verwaltung)
    • Italpetroli (49% stake via Banca di Roma)
      • Roma 2000 (via Italpetroli)

Shareholders

As of 31 December 2006
  • shareholders with >2% stake
  1. ABN AMRO Group (8.59%)
  2. Fondazione Cassa di Risparmio di Roma (5.02%)
  3. Fondazione Manodori (4.13%)
  4. Fondiaria-Sai Group (3.51%)
  5. Sicily Region (2.84%)
  6. Fondazione Banco di Sicilia (2.73%)
  7. Libyan Foreign Bank (2.58%)
  8. Assicurazioni Generali (2.35%)
  9. Tosinvest (2.10%)

References

  1. ↑ "Italian deal creates bank giant". BBC News. British Broadcasting Corporation. 20 May 2007. Retrieved 12 March 2016.
  2. ↑ "2002 Bilancio" (PDF). Capitalia (in Italian). Borsa Italiana archive. 9 April 2003. Retrieved 12 March 2016.
  3. ↑ "2006 Bilancio" (PDF). Capitalia (in Italian). Borsa Italiana archive. 30 March 2007. Retrieved 12 March 2016.


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