First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
UniCredit SpA Chief Executive Officer Andrea Orcel, turning to a fresh takeover target, said that the probability of him ...
Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too ...
That sort of maths only holds if UniCredit’s shareholders support Orcel’s strategy. Given the uncertainty around his plans, ...
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.
Kian Abouhossein, head of European bank equity research and global IB coverage at JP Morgan, discusses UniCredit's bid to buy ...
Andrea Orcel’s 10-billion-euro offer for Banco BPM on Monday could trigger a wave of possible countermoves from rivals within ...
Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...