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.
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, ...
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
ROME, NOV 27 - The CEO of Banco BPM, Giuseppe Castagna, wrote a letter to staff Wednesday saying there would be estimated job ...
Overall positive analyst judgment i on the OPS, both from a strategic and industrial point of view, but the offer price is ...
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 in ...
Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
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 as Italy's second largest bank by assets and gain ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
MILAN (Reuters) - UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told ...
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...