Italy's UniCredit posted a sharp rise in quarterly profit on Wednesday despite lower revenues, a day after it withdrew its offer for smaller rival Banco BPM due to government interference. Late ...
UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) has withdrawn its offer to buy Banco BPM (OTCPK:BNCZF), it said on Tuesday, after failing to secure timely state approval in a setback the bank called a missed ...
An Italian court lifted two conditions imposed by officials on UniCredit's bid for Banco BPM, while upholding others, marking the latest development in a takeover battle set to reshape the country's ...
UniCredit on Wednesday posted a sharp second-quarter profit hike and lifted its full-year guidance, a day after withdrawing its takeover bid for Italian peer Banco BPM amid opposition from Rome. Italy ...
The European Commission has issued Italy with a warning after an investigation found the government decree over UniCredit’s takeover of Banco BPM may breach EU laws. The Commission warned Italy on ...
An Italian court lifted two conditions imposed by officials on UniCredit’s bid for Banco BPM, while upholding others, marking the latest development in a takeover battle set to reshape the country’s ...