After having invested before in $1COV (-0,15%) with the aim to be acquired by Adnoc/XRG and another investment in $ILTY Illimity Bank in Italy giving access to $IF (+1,05%) Banca IFIS with a 10% discount.
I'm now thinking to invest in further banking consolidation. Since there seems to be a wave of banking consolidations coming up both cross boarder and within individual European countries.
Italy shows:
$UCG (+1,71%) Unicredit stakebuilding in both $ALPHA (-0,86%) Alphabank & $CBK (+1,66%) Commerzbank and a failled attempt to acquire $BAMI (+2,62%) Banco BPM. We saw $BMPS (+2,49%) Monte dei Pachi acquire $MB (+0,88%) Mediobanca. $BPE (+2,21%) Bper Banca merge with $BPSO (+2,43%) and rumored to be on the wishlist of Unicredit.
Denmark is consolidating but could be still more ongoing:
A recent merger of $SYDB (+1,09%) Sydbank, Arbejdernes Landsbank & $VJBA (+0%) Vestjysk Bank.
In Spain
We've seen a major but failed attempt to forget about the Spanish attempt of $BBVA (+1,87%) Banco Bilbao of $SAB (+1,67%) Banco Sabadell.
The Netherlands:
$ING (+0%) ING taking a substantial stake in $VLK (-0,39%) Van Lanschot Kempen.
$ABN (+1,68%) Doing several take overs in Germany and buying the trading app Bux and rumored to be bought themselves.
When thinking this through I see a potential for take over but, if it won't happen there is still good dividends to be earned. Therefore there is less of a need of a quick turn around.
I'm now looking for a "smaller" bank that traded and a likely take over candidate.
Where would you invest?
$BPE (+2,21%) - Bper Banca - Italy
$BAMI (+2,62%) - Banca BPM - Italy
$ABN (+1,68%) - ABN Amro Bank - Netherlands
$ALPHA (-0,86%) - Alpha Bank - Greece
$JYSK (+0,95%) - Jyske Bank - Denmark
$ALR (+3,56%) - Ailor Bank - Poland
Any other alternatives, or opinions about this idea, I'm happy to read!