By Tom Sims, John O'Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel ...
On Monday UniCredit unveiled an unsolicited 10 billion euro ($10.6 billion) takeover offer for BPM, which the target bank has ...
The Italian Treasury has denied a report that it is drafting an emergency decree to counter UniCredit’s ...
STORY: Italy's UniCredit on Monday (November 25) launched a surprise $11 billion all-share offer for rival Banco BPM.That’s ...
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
A smaller purchase in Italy could allow UniCredit to keep moving while working on the bigger catch. Resistance, however, remains stiff. Ulrich Grillo, one of the executives at the recent meeting ...
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
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 ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
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, ...
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