UniCredit irks Rome with $11 billion Banco BPM swoop after …
Nov 25, 2024 · UniCredit is offering 0.175 of its common stock for each BPM share, providing a premium of 0.5% to Friday's closing price, or 15% to the day before BPM announced its offer …
Italy denies report on decree to counter UniCredit's takeover bid …
2 days ago · 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 …
Italy seeks ways to counter UniCredit's takeover bid for BPM, FT …
2 days ago · On Monday UniCredit unveiled an unsolicited 10 billion euro ($10.6 billion) takeover offer for BPM, which the target bank has since rejected. It said the premium offered was …
UniCredit takeover could cost thousands of jobs, warns Banco
5 days ago · UniCredit has been increasing its stake in Germany's Commerzbank, a move facing fierce opposition from Berlin. A potential takeover would also complicate Banco BPM's pursuit …
UniCredit Makes $11 Billion BPM Bid as Orcel Drives Deals
Nov 25, 2024 · (Bloomberg) -- UniCredit SpA made an unsolicited €10 billion ($10.5 billion) bid for domestic rival Banco BPM SpA as Chief Executive Officer Andrea Orcel’s ambitions to buy …
UniCredit bid for Banco BPM raises concerns on workforce, union …
3 days ago · 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. ... Reuters, the news and media …
UniCredit Makes Surprise $10.5 Billion Bid for Italian Rival
UniCredit UCG-0.15%decrease; red down pointing triangle made a $10 billion-plus move on smaller Italian peer Banco BPM BAMI 1.13%increase; green up pointing triangle, shifting its …
UniCredit Launches Takeover Bid for Domestic Rival Banco BPM
Nov 25, 2024 · UniCredit SpA made an unsolicited €10 billion ($10.5 billion) bid for domestic rival Banco BPM SpA as Chief Executive Officer Andrea Orcel’s ambitions to buy Germany’s …
UniCredit to return €8.6bn to shareholders - Financial Times
Feb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors.
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank
Nov 1, 2024 · Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.