Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
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 ...
UniCredit SpA informed top officials in the Italian government and Banco BPM SpA Chairman about its intention to make a ...
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 ...
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
UniCredit SpA’s surprise bid for Banco BPM SpA has left Prime Minister Giorgia Meloni’s government struggling to work out if ...
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a stock deal valued at about ...
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.
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...