MILAN ( – The Boards of Directors of SPAXS and Banca Interprovinciale have approved the merger plan for the reverse incorporation of SPAXS into Banca Interprovinciale. The administrative bodies of the two companies approved the request to the Banca d’Italia dell’Istanza for the approval of the merger. The integration between SPAXS and Banca Interprovinciale will lead to the disappearance of the spac vehicle, and done to create a new highly innovative and specialised banking model whose denomination will be unlimited.