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.
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too ...
Andrea Orcel’s 10-billion-euro offer for Banco BPM on Monday could trigger a wave of possible countermoves from rivals within ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
ROME, NOV 26 - A 10 billion euro all-share takeover bid for Banco BPM by Italy's second biggest bank UniCredit is a hostile ...
Banco BPM SpA is set to discuss the surprise takeover bid from UniCredit SpA, with investors waiting for a response to a move ...
UniCredit has launched an unexpected €10 billion bid for domestic rival Banco BPM, signalling its strategic ambitions in the ...
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
Unicredit announced the launch of a voluntary public offering for all of the shares of Bpm bench. In an official ...
The bid comes as UniCredit pursues bold cross-border expansion under CEO Andrea Orcel. After securing a 21% stake in ...
UniCredit Chief Executive Andrea Orcel on Monday said that buying BPM would create "an even stronger number two bank in an attractive market, generating significant long-term value for all ...