Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, ...
The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
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 a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the ...
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too ...
The bid from the larger Italian lender "does not reflect in any way the profitability and further potential to create value ...
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 ...
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, ...
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 ...
UniCredit's Andrea Orcel makes a €10B bid for Banco BPM to boost market share in Italy's financial sector. Explore the ...