UniCredit's bid for BPM also throws a spanner in the works for Italy's government, which had advanced plans for a merger of ...
The Italian Treasury has denied a report that it is drafting an emergency decree to counter UniCredit’s ...
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The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
UniCredit on Monday launched a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the ...
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
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 ...
The bid from the larger Italian lender "does not reflect in any way the profitability and further potential to create value ...
The smaller Italian lender had previously flagged "serious concerns" about the "employment and social impacts" of a potential ...
After a meeting on Tuesday, BPM's board concluded that UniCredit's offer "does not in any way reflect Banco BPM's profitability and the potential to create further value for shareholders".