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Banco BPM, UniCredit and Italy
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,
Italy Seeks Ways to Counter UniCredit's Takeover Bid for BPM, FT Reports
UniCredit's bid for BPM also throws a spanner in the works for Italy's government, which had advanced plans for a merger of BPM with rival Monte dei Paschi di Siena which it saw as strengthening its banking sector without harming competition.
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
The Italian lender rejected the surprise offer from its larger rival, saying it undervalues the business and creates uncertainty.
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.
Italian politicians take dim view of UniCredit bid for Banco BPM
Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's plans to take over Banco BPM , Economy Minister Giancarlo Giorgetti said.
Italy’s UniCredit makes buyout offer for Banco BPM
"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a GlobalData owned brand.
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.
Italy's UniCredit makes surprise $11 bln bid for Banco BPM
STORY: Italy's UniCredit on Monday (November 25) launched a surprise $11 billion all-share offer for rival Banco BPM.That’s while it pursues a contentious deal for Germany's Commerzbank.The proposal offers 0.
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 denies report on decree to counter UniCredit's takeover bid for BPM
UniCredit's bid for
BPM
also throws a spanner in the works for
Italy
's government ... is an emergency decree which would allow
Banco
BPM
to avoid the so-called passivity rule, which stops managers ...
Barron's
6d
Italy's Banco BPM Says UniCredit Bid Insufficient
The board of directors of
Italy
's
Banco
BPM
said Tuesday that an acquisition bid from larger rival UniCredit was inadequate and failed to reflect the bank's profitability or potential. UniCredit ...
6d
UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
GlobalData on MSN
3d
Banco BPM CEO flags significant job cut risks with UniCredit deal
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/90.BMDkfsfZ.js ...
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