The story
In 2006, Banco Popolare di Verona e Novara hold 87.72% shares of Credito Bergamasco. The banking group acquired a minority stake of Creberg from Cattolica Assicurazioni in 2002 and 2004. In 2009 Banco Popolare increased to hold 88.990% shares. In 2010 Banco Popolare acquired the remain shares of Cassa di Risparmio di Lucca Pisa Livorno for cash and the shares of Credito Bergamasco from Fondazione Cassa di Risparmio di Lucca. It made Banco Popolare's holding deceased to 77.428% but with a call option to buy back the shares from the banking foundation, which was expired in 2013. However, on 1 June 2014 Banco Popolare absorbed Credito Bergamasco by issues 1.412 shares of Banco Popolare for each shares of Credito Bergamasco.
From Wikipedia’s article on Credito Bergamasco, shared under CC BY-SA 4.0.4