Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, ...

The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.

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.

Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...

Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's ...

Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...

"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a ...

MILAN (Reuters) - UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told ...

Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...

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, ...

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 ...

UniCredit, Italy's prominent lender, made a proposal on Monday to acquire its domestic competitor Banco BPM for approximately ...