Table of Contents:
Azimut Holding’s demerger process
The Azimut Holding Board of Directors recently confirmed its intention to continue with the process of demerging the new TNB bank, an initiative announced at the end of March and launched in May of this year. This decision marks a significant step for the company, which aims to strengthen its position in the banking market and to optimize its operations.
Exclusive collaboration with FSI
Another important development is the exclusive agreement reached with FSI, which enhances the transaction for Azimut Holding in a range included in the range previously announced.
This agreement represents a strategic opportunity for the company, which is receiving concrete proposals from large banks and private equity funds. Collaboration with FSI could open new doors and facilitate access to crucial financial resources for the future of the new bank
.
Azimut performance and results
Despite market challenges, Azimut has demonstrated robust performance. The expected results for the current year indicate a net profit of between 550 and 600 million euros, with a net customer performance of 10.62%. In addition, the company recorded more than 17.4 billion euros in new net inflows from the 18 countries in which it operates. These results not only highlight Azimut’s strength, but they also serve as a stimulus for potential investors who wish to join
this growth path.
The future of Azimut Holding
The President of Azimut Holding, Pietro Giuliani, emphasized the importance of this demerger process, stating that in 20 years from the listing, Azimut has multiplied its invested capital by 15, transforming 100,000 euros into 1.5 million euros. This fact is emblematic of the company’s ability to generate value for its shareholders and to attract new investments. With the launch of the new TNB bank, Azimut is preparing to seize further growth opportunities and to consolidate its position in the sector
.
