UniCredit irks Rome with $11 billion Banco BPM swoop

UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
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 Board Member Says UniCredit Bid Is Hostile, ANSA Reports
MILAN (Reuters) - 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 ($10.5 billion) takeover bid launched on Monday by Italy's second-largest bank.
Italy’s UniCredit makes buyout offer for Banco BPM
"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a GlobalData owned brand.
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.
Italy's UniCredit Offers to Buy Banco BPM for $10.57 Billion
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a stock deal valued at about 10.09 billion euros ($10.57 billion).
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.
Italian politicians take dim view of UniCredit bid for Banco BPM
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 Giorgetti said.
Italian lender UniCredit proposes $10.5 billion acquisition of rival Banco BPM
UniCredit, Italy's prominent lender, made a proposal on Monday to acquire its domestic competitor Banco BPM for approximately 10 billion euros ($10.5 billion).
UniCredit makes €10.1 billion bid for Banco BPM
UniCredit on Monday launched a €10.1 billion ($10.6 billion) bid for Banco BPM which itself has been trying to buy fund manager Anima Holding UniCredit said its offer of 0.175 of its shares for each Banco BPM share implied an offer of €6.
Factbox-What would a UniCredit-Banco BPM combination look like?
Italy's third-largest bank Banco BPM has been on UniCredit CEO and veteran dealmaker Andrea Orcel's wish list since he took up his current role in 2021. After aborting previous attempts to bid for the rival,
UniCredit offers to buy smaller rival Banco BPM for over $10B
Italian lender UniCredit (UNCRY) has offered to acquire smaller local rival Banco BPM (BNCZF) in a surprise all-stock deal valued at around €10.1B ($10.59B). Read more details here.
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UniCredit bid is hostile says BPM director
ROME, NOV 26 - A 10 billion euro all-share takeover bid for Banco BPM by Italy's second biggest bank UniCredit is a hostile ...
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Banco BPM's board meets to start discussing UniCredit's takeover bid
MILAN (Reuters) - Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) ...
Awaiting Commerzbank, Italy's UniCredit Bids For Italian Rival
With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...
UniCredit’s BPM Curveball Leaves Meloni Scrambling on Banking Plan
UniCredit SpA’s surprise bid for Banco BPM SpA has left Prime Minister Giorgia Meloni’s government struggling to work out if ...