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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Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
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 CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
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".