European stocks erased gains as Germany’s subdued business outlook added to concerns about the health of the region’s economy ...
Banco BPM SpA said the takeover bid it has received from UniCredit SpA wasn’t agreed in advance and isn’t in line with its ...
Italy's Banco BPM , the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if ...
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
This effectively means any revisions to the terms of Banco BPM’s offer for Anima or any next moves on Monte Paschi are harder to make.
Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability and could reduce its legal autonomy. UniCredit offered to snap ...
Italy's Banco BPM has rejected a takeover bid from UniCredit, saying the current offer undervalues the lender. In a statement, Banco BPM said the bid from UniCredit, the larger Italian lender ...
Up to 6,000 jobs could be lost if a takeover bid from Italian rival UniCredit is successful, Banco BPM CEO Giuseppe Castagna has warned. "Cost synergies estimated by the bidder, equal to over a ...