Banco BPM, UniCredit

Banco BPM says UniCredit's 'unusual' $10.5 billion takeover offer does not reflect its profitability
Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability and could reduce its legal autonomy. UniCredit offered to snap up Banco BPM for roughly $10.
UniCredit Hires Deloitte to Advise on Banco BPM Takeover
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people familiar with the matter said.
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
Italy’s UniCredit to buy domestic rival Banco BPM in €10.1B deal
The move pauses speculation that UniCredit was considering a bid for Germany’s Commerzbank. It also foils a plan by the Italian government to boost competition against UniCredit and its peer, Intesa Sanpaolo.
Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
Banco BPM SpA said the takeover bid it has received from UniCredit SpA wasn’t agreed in advance and isn’t in line with its performance.
Italian lender UniCredit proposes $10.5 billion acquisition of rival Banco BPM
UniCredit, Italy's prominent lender, made a proposal on Monday to acquire its domestic competitor Banco BPM for approximately 10 billion euros ($10.5 billion).
Italy denies report on decree to counter UniCredit's takeover bid for BPM
The Italian Treasury on Friday denied drafting an emergency decree to counter UniCredit's takeover bid for smaller rival Banco BPM after the Financial Times reported Rome was considering this option.
Italy's Treasury denies it's drafting decree to counter UniCredit bid for Banco BPM: report
The Italian Treasury has denied a report that it is drafting an emergency decree to counter UniCredit’s (OTCPK:UNCFF)(OTCPK:UNCRY) 10B euro ($10.6B) bid for Banco BPM, Reuters reported late Friday. UniCredit made the offer for the smaller rival on Monday,
UniCredit CEO to meet Credit Agricole in Banco BPM deal drive, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
U.S. News & World Report4d
UniCredit Bid for Banco BPM Raises Concerns on Workforce, Union Says
MILAN (Reuters) - UniCredit's bid for Banco BPM raises concerns about the potential impact of the deal on jobs, the banking sector's main union said on Thursday. "There is great concern about the ...
Wall Street Journal6d
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
Italian lender Banco BPM BAMI0.78%increase; green up pointing triangle said a $10 billion-plus bid from UniCredit UCG 0.46%increase; green up pointing triangle undervalues the business ...
Credit Agricole has not applied to ECB to cross 9.9% holding in Banco BPM, spokesperson says
Credit Agricole has not applied to gain European Central Bank authorisation to cross the 9.9% threshold with its holding in ...
Yahoo Finance6d
Banco BPM rebuffs UniCredit bid, saying it undervalues bank
Shares in Banco BPM closed up 5.5% on Monday at 7 euros, above the 6.657 euros a share offered by UniCredit in its all-share offer - a sign the market sees the bid's 0.5% premium as too low. Orcel ...