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BPER Banca to absorb Unipol Banca via merger by incorporation

Italy-based BPER Banca SpA's board of directors approved Aug. 7 the plan of the merger and incorporation of Unipol Banca SpA into BPER Banca.

Unipol's board also approved the plan Aug. 6.

Following approvals from the relevant supervisory authorities, the plan will be filed and published.