September 27, 2016 3:37 PM ET

Insurance

Company Overview of Poste Italiane S.p.A.

Company Overview

Poste Italiane SpA provides postal logistics, savings and investments, payment, insurance, and digital communication services in Italy. The company’s Postal and Business Services segment provides mail, express delivery, logistics, parcels, and philately services. Its Financial Services segment engages in the collection of savings deposits; collection and payment services; the provision of investment services; and electronic money services. The company’s Insurance Services segment offers life and non-life insurance products. Its Other Services segment provides mobile telecommunications services. As of December 31, 2015, the company operated a network of 13,048 post offices in Italy. It serves...

Viale Europa, 190

Rome, RM 00144

Italy

137,601 Employees

Phone:

39 06 59581

Fax:

39 06 59 58 91 00

Key Executives for Poste Italiane S.p.A.

Chief Executive Officer, General Manager and Director
Total Annual Compensation: €1.4M
Chairwoman and President
Age: 50
Total Annual Compensation: €238.0K
Compensation as of Fiscal Year 2015.

Poste Italiane S.p.A. Key Developments

Three Main Contenders Reported For Pioneer Global Asset Management

Three bidders have emerged as main contenders to buy UniCredit S.p.A. (BIT:UCG) fund management arm Pioneer Global Asset Management S.p.A., in a deal which could net €3 billion, sources familiar with the matter said. Assicurazioni Generali S.p.A. (BIT:G), Amundi Group (ENXTPA:AMUN), Poste Italiane S.p.A. (BIT:PST) have all made rival offers, the sources said. These bids are seen to be ahead of the pack, the sources said, with other offers involving AXA SA (ENXTPA:CS) and Natixis (ENXTPA:KN), Macquarie Group Limited (ASX:MQG), Allianz SE (DB:ALV) and Aberdeen Asset Management plc (LSE:ADN). UniCredit, Generali, Amundi, Poste Italiane and Macquarie declined to comment while officials at the other companies were not immediately available for comment.

Amundi, Generali And Poste Reportedly Bidding To Acquire Pioneer From UniCredit

UniCredit S.p.A. (BIT:UCG) is weighing a sale of Pioneer Global Asset Management S.p.A. to raise capital while UniCredit is expected to draw preliminary offers from several companies including Amundi Group (ENXTPA:AMUN), Assicurazioni Generali S.p.A. (BIT:G) and Poste Italiane S.p.A. (BIT:PST), according to people with knowledge of the discussions.

Poste Italiane To Reportedly Acquire Stake In SIA

Poste Italiane S.p.A. (BIT:PST) intends to acquire a stake in SIA S.p.A. According to a government source Poste Italiane expands its payment business with the acquisition. "In the next few weeks Poste will take a stake in SIA by sealing a deal with CDP," the source said.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 16, 2016
FSI Investimenti SpA
 

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