UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
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 ...
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 ...
MILAN (Reuters) -Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea Orcel said would take precedence over any potential ...
(Bloomberg) -- Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover proposal wasn’t agreed in advance, is too low and would likely hurt jobs and competition in Italy.
Banco BPM SpA is set to discuss the surprise takeover bid from UniCredit SpA, with investors waiting for a response to a move that has rattled the Italian government and complicated an effort to ...
The board of directors of Italy's Banco BPM said Tuesday that an acquisition bid from larger rival UniCredit was inadequate and failed to reflect the bank's profitability or potential. UniCredit ...
UniCredit on Monday launched an all-stock offer valuing Banco BPM at 10.1 billion euros ($10.60 billion), part of efforts to strengthen its foothold in its home country and gain more market share ...
The Italian lender rejected the surprise offer from its larger rival, saying it undervalues the business and creates ...
Roma, 26 nov (EFECOM).- El consejo de administración del banco italiano BPM consideró este martes que las condiciones de la oferta anunciada por Unicredit “son completamente inusuales para ...
Italian lender Banco BPM said a $10 billion-plus bid from UniCredit undervalues the business, a day after Italy's second largest bank by assets made a surprise move on its smaller rival.