Poste Italiane and ANIMA Holding, as well as Poste Vita, BancoPosta Fondi and Anima SGR, each in respect of its own interests, signed today the implementation agreements for the strengthening of the partnership in the asset management business, according to the terms and conditions announced on December 21st, 2017. The closing of the transaction - concerning, among other things, the spin-off in favor of Anima SGR of the
assets management activities underlying Class I insurance products for over 70 billion euro currently owned by Bancoposta Fondi SGR, as well as an extension of the existing partnership for a period of 15
years from the closing – is expected in the second half of 2018, after obtaining, inter alia, the necessary regulatory approvals.
Source: Poste Italiane