The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.

With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...

"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a ...

STORY: Italy's UniCredit on Monday (November 25) launched a surprise $11 billion all-share offer for rival Banco BPM.That’s ...

(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a stock deal valued at about ...

Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's ...

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

MILAN: Italy’s UniCredit on Monday launched a surprise 10 billion euro ($11 billion) all-share offer for smaller domestic ...

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 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.

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 ...