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.
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, ...
Banco BPM S.p.A. (IT:BAMI) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - ...
With the acquisition of Bpm bench on the part of Unicredit Customers of the two banks may notice some changes in the way they ...
UniCredit on Monday launched an all-stock offer valuing Banco BPM at 10.1 billion euros ($10.60 billion), part of efforts to strengthen its foothold in its home country and gain more market share in ...
Italian lender Banco BPM rebuked a $10 billion-plus bid from larger rival UniCredit, saying the offer undervalues the bank and creates uncertainty. UniCredit on Monday launched an all-stock offer ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
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 ...
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
Banco BPM SpA is set to discuss the surprise takeover bid from UniCredit SpA, with investors waiting for a response to a move that has rattled the Italian government and complicated an effort to build ...