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Banco BPM, UniCredit

Hosted on MSN · 1d

Banco BPM says UniCredit's 'unusual' $10.5 billion takeover offer does not reflect its profitability

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 up Banco BPM for roughly $10.

The Financial Times · 1d

Banco BPM rejects UniCredit takeover bid

UniCredit on Monday launched a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the country’s political establishment.

Bloomberg L.P. · 1d

Banco BPM Says UniCredit Bid Doesn’t Reflect Its Profitability

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 performance.

2d

UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash

Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...

2d

UniCredit’s BPM Curveball Leaves Meloni Scrambling on Banking Plan

UniCredit SpA’s surprise bid for Banco BPM SpA has left Prime Minister Giorgia Meloni’s government struggling to work out if ...

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