Shares in Banco BPM closed at 7.846 euros on Friday, well above the 6.657 euros a share UniCredit is offering based on the bid's exchange ratio, indicating investors are betting on an improvement of ...
Italy's UniCredit launched a $10 billion-plus offer to buy Banco BPM, setting its sights on a smaller domestic peer after circling Germany's Commerzbank in recent months. A potential UniCredit ...
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Banco BPM says UniCredit's 'unusual' $10.5 billion takeover offer does not reflect its profitability
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 ...
Under the acquisition offer, Banco BPM shareholders will receive 0.175 new UniCredit shares for each Banco BPM share. The offer values Banco BPM at €6.657 per share, marking a 0.5% premium to Friday’s ...
Italy's UniCredit launched a $10 billion-plus offer to buy Banco BPM, setting its sights on a smaller domestic peer after circling Germany's Commerzbank in recent months. A potential UniCredit ...
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