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 ...
UniCredit on Monday launched a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the ...
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 ...
For the Ministry of Economy and Finance, everything seemed perfect, after the sale in mid-November of another MPS share to friendly shareholders. There is another 12% to sell: who cares now?
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 ...
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 ...
The bid comes as UniCredit pursues bold cross-border expansion under CEO Andrea Orcel. After securing a 21% stake in ...
UniCredit's Andrea Orcel makes a €10B bid for Banco BPM to boost market share in Italy's financial sector. Explore the ...