Banco BPM, UniCredit and Crédit Agricole
UniCredit CEO to meet Credit Agricole in Banco BPM deal drive, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' partnerships after the Italian bank offered to buy rival Banco BPM , one person familiar with the situation told Reuters.
Banco BPM Rejects UniCredit’s €10B Bid
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which aimed to create the country’s largest banking entity. Banco announced Tuesday that UniCredit’s offer undervalued its financial strength and future growth potential,
UniCredit's bid for BPM also throws a spanner in the works for Italy's government, which had advanced plans for a merger of ...
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
UniCredit SpA’s surprise bid for Banco BPM SpA has left Prime Minister Giorgia Meloni’s government struggling to work out if ...
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
Andrea Orcel’s move has frustrated Giorgia Meloni’s plan to merge state-backed Monte dei Paschi di Siena with BPM ...
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 Italian Treasury on Friday denied drafting an emergency decree to counter UniCredit's takeover bid for smaller rival ...
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