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Banco BPM, UniCredit
Banco BPM boss warns of job losses in UniCredit deal
Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if the deal went through.
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
BPM spurns UniCredit’s takeover bid
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.
15h
Banco BPM Appoints New Chief Risk Officer
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 - ...
U.S. News & World Report
2d
Italy's UniCredit Offers to Buy Banco BPM for $10.57 Billion
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival
Banco
BPM
in a stock deal valued at about 10.09 billion euros ($10.57 billion). UniCredit said it would offer 0.175 ...
2d
European stocks tick higher as global markets rally; UniCredit falls 5% after making offer for Banco BPM
European stocks are expected to open higher Monday as global market sentiment rises. The U.K.'s FTSE 100 index is expected to ...
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