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Banco BPM, UniCredit
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.
Italian politicians take dim view of UniCredit bid for Banco BPM
Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's plans to take over Banco BPM , Economy Minister Giancarlo Giorgetti said.
UniCredit Informed Government, Banco BPM Ahead of Making Bid
UniCredit SpA informed top officials in the Italian government and Banco BPM SpA Chairman about its intention to make a takeover bid for its smaller rival before announcing the move on Monday, people with knowledge of the matter said.
7h
on MSN
Amundi says 1.3% UniCredit stake held on behalf of clients
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
2d
UniCredit’s BPM Curveball Leaves Meloni Scrambling on Banking Plan
UniCredit SpA’s surprise bid for Banco BPM SpA has left Prime Minister Giorgia Meloni’s government struggling to work out if ...
2d
UniCredit Makes Another M&A Chess Move; Hedge Funds Ponder What's Next
Commerzbank’s stock is taking a hit as investors bet that UniCredit’s $10.5 billion bid for Banco BPM indicates its interest in the German bank is cooling. But some hedge funds suggest the surp ...
2d
EU court rejects UniCredit's request to suspend ECB's Russian demands
The European Union's General Court has rejected UniCredit's request to temporarily suspend a European Central Bank order to ...
2d
STOXX 600 Hits Two-Week High; UniCredit, Commerzank Drop
(Reuters) - Europe's main stock index opened at a two-week high on Monday, boosted by U.S. President-elect Donald Trump's ...
2d
UniCredit’s Orcel is just working the angles on European bank mergers
That sort of maths only holds if UniCredit’s shareholders support Orcel’s strategy. Given the uncertainty around his plans, ...
2d
UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
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Banco BPM
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