Italy’s Banco BPM Rebukes UniCredit’s $10.5 Billion Bid
The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
Banco BPM rejects UniCredit takeover bid
In its first comments since UniCredit made its all-share offer, BPM said it remained “focused on the implementation of its 2023-2026 business plan and on its takeover of [asset manager] Anima”. UniCredit on Monday launched a €10.
Italy's UniCredit launches surprise $11 billion all-share bid for Banco BPM
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea Orcel said would take precedence over any potential move on Germany's Commerzbank.
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.
UniCredit Makes Surprise $10.5 Billion Bid for Italian Rival
The lender reinvigorated a stalled wave of European banking consolidation, bidding more than $10 billion for smaller Italian peer Banco BPM.
Banco BPM board member says UniCredit bid is hostile, ANSA reports
UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told Italian newswire ANSA on Tuesday. He was speaking ahead of a Banco BPM board meeting for an initial discussion on the 10 billion euro ($10.
UniCredit Launches Takeover Bid for Domestic Rival Banco BPM
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world UniCredit SpA said Monday it has started a bid to take over domestic rival Banco BPM.
When I was 30, my mom gave me $15,000 to spend on a gap year in Italy instead of a house or wedding. I have no regrets.
I used my savings and a $15,000 gift from my mom to temporarily move to Italy in my 30s. I learned so much during my "adult ...
Italy's 5-Star to Rerun Vote That Ousted Co-Founder Grillo
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She went on vacation to Southern Italy and decided she’s never returning to the United States
Michele Blackmon was working as a lifestyle consultant flitting between LA and the Italian city of Florence. Then she took a vacation to the southern Italian city of Lecce and loved it so much she ...
G7 foreign ministers meet in Italy with hopes of progress toward MidEast cease-fire
Foreign ministers from the world’s leading industrialized nations met in Italy on Monday, the first of the two-day G7 ...
Italy's Bending Spoons to Take Brightcove Private in $233 Million Deal
The all-cash, take-private deal values each share of the Boston, Massachusetts-based company at $4.45, representing a premium ...
Italy Begins Withdrawing Staff From Albania Offshore Asylum Centers
The scheme, costing nearly three quarters of a billion dollars, has been stymied from day one by Italian courts. Not a single ...
Italy's opposition 5-Star breaks with co-founder Grillo
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Foreign ministers meet in Italy for the last G7 of the Biden administration
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The Spectacular Byzantine Churches That Still Exist in Italy
How many of us knew that Italy, the epicenter of Roman Catholicism, hosts some of the most exquisite and beautiful Byzantine ...
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Life sentence requested in femicide that shocked Italy
The murder of 22-year-old Giulia Cecchettin triggered outrage and soul-searching in Italy, a majority-Catholic country where ...
Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy
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Cold Front Approaching Italy: Weather Changes Ahead
As storm Bert continues to weaken, a final front associated with its low-pressure minimum has reached Mediterranean latitudes ...