BNP Paribas has obtained all the necessary regulatory approvals from the Bank of Italy, ISVAP, the European Commission and the US Federal Trade Commission to acquire Banca Nazionale del Lavoro.
BNP Paribas SA now holds 2.54% of BNL’s share capital, acquired in the market after the deal was announced at an average price of 2.916 euros a share and a maximum price of 2.925 euros a share.