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.
JPMorgan Chase & Co. hired James Lucas from Goldman Sachs Group Inc. to help lead the firm’s efforts with advising financial ...
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
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 ...
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 ...
UniCredit's Andrea Orcel makes a €10B bid for Banco BPM to boost market share in Italy's financial sector. Explore the ...
MILAN (Reuters) - UniCredit CEO Andrea Orcel said the Italian government's initial response to his bank's unsolicited bid for rival Banco BPM is only natural as every change in the banking system ...
The move pauses speculation that UniCredit was considering a bid for Germany’s Commerzbank. It also foils a plan by the Italian government to boost competition against UniCredit and its peer, Intesa ...