Pop Sondrio says BPER bid not agreed

BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
By Andrea Mandala and Valentina Za MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of merger proposals across Italy's banking industry.
BPER Banca Joins Italy’s M&A Spree With $4.5 Billion Bid for Smaller Rival
The lender said that it was offering €9.527 for each Banca Popolare di Sondrio share, representing a 6.6% premium on Wednesday’s closing share price.
BPER Banca BPE launches bid to take over smaller rival Banca Popolare di Sondrio
Investing.com -- BPER Banca has made a €4.3 billion all-share takeover offer for Banca Popolare di Sondrio (BIT: BPSI) (BPSO), signaling another step in the ongoing consolidation of Italy’s banking sector.
Pop Sondrio Says BPER Bid Not Agreed as Italy M&A Frenzy Prompts Unipol to Hasten Tie-Up
The latest unsolicited bid in Italian banking follows similar moves by UniCredit on Banco BPM and state-backed Monte dei Paschi di Siena (MPS) on Mediobanca. Unsolicited bids are historically rare in global banking, making Italy the exception.
Banking risk, another blow: Bper launches a takeover bid on Popolare di Sondrio for 4,3 billion euros with a premium of 6,6%
A new twist in the game of risk that is animating the Italian banking panorama. Modena-based Bper has launched a voluntary takeover bid on Banca Popolare di Sondrio, which just yesterday presented one of the best balance sheets in its history.
BPER makes 4.3-bn takeover bid for Popolare di Sondrio
Italian bank BPER said Friday that it has made a 4.3-billion-euro takeover bid for fellow lender Banco Popolare di Sondrio. Popolare di Sondrio sources said that the move had not been agreed on with them before being announced.
New Italy bank M&A may yet be more than a sideshow
Another day, another chunky Italian bank merger. On the face of it, Thursday’s decision by $9 billion BPER to lob in a $4.5 ...
FIRSTonline1d
Banking risk, another blow: Bper launches takeover bid on Pop Sondrio for 4,3 billion euros with a 6,6% premium. CEO Papa: "Not a hostile offer"
New twist in the game of risk that is animating the Italian banking panorama. Modena-based Bper has launched a voluntary ...
How To Win The Biggest Deals Of 2025 Before Your Competitors Do
Discover how you can capitalize on the 2025 market boom with strategies to close bold deals and drive transformative growth.
Financials Fall as Fed Rate Plans in Doubt - Financials Roundup
Shares of banks and other financial institutions declined slightly as Treasury yields rose in the wake of jobs data. "This strong January jobs report bolsters our confidence that the Fed cutting cycle ...
Nerazzurri back out there: photos from training
Inter underwent a session on Monday morning under Simone Inzaghi and his staff.The Nerazzurri are speeding towards the game ...
Reuters1mon
Bper Banca SpA
European stocks end lower after US inflation data; French budget in focus October 10, 2024 BPER will not buy back its own shares over the next three years but rather use dividends to reward ...