MILAN, Dec 11 (Reuters) - Italy's unfolding banking takeover tussles have been long in the making and are predicted to go on for several months. Here is summary of the milestones leading up to ...
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 ...
MILAN, Nov 6 (Reuters) - Banco BPM (BAMI.MI), opens new tab said on Wednesday it could beat its 2024 earning per share (EPS) guidance after posting a 79.8% rise in nine-month net profit from a year ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover proposal wasn’t agreed in advance, is too low and would likely hurt jobs and competition in Italy. The deal terms ...
ROME (Reuters) - Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's plans to take over Banco BPM, Economy Minister Giancarlo ...
ROME (Reuters) - France's Credit Agricole had informal backing from the Italian government before it said on Friday it was raising its stake in Banco BPM, two sources close to the matter told Reuters.
Like any good investment banker, Andrea Orcel isn’t content to wait for a single deal. With UniCredit SpA’s potential bid for Germany’s Commerzbank AG effectively on hold, the Italian chief executive ...