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, ...
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
ROME, NOV 27 - The CEO of Banco BPM, Giuseppe Castagna, wrote a letter to staff Wednesday saying there would be estimated job ...
The smaller Italian lender had previously flagged "serious concerns" about the "employment and social impacts" of a potential ...
(Bloomberg) -- Banco BPM SpA Chief Executive Officer Giuseppe Castagna warned employees that a takeover bid by UniCredit SpA ...
Europe Weak, Milan Opens Weak but Saipem and Recordati Shine. Cautious Progress for Banco Bpm After Yesterday's No to ...
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MILAN (Reuters) - Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should continue being a "big autonomous bank," its CEO said in a letter to staff on Wednesday. The ...
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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 - ...