Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...

UniCredit on Monday launched an all-stock offer valuing Banco BPM at 10.1 billion euros ($10.60 billion), part of efforts to strengthen its foothold in its home country and gain more market share in ...

UniCredit on Monday launched a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the ...

Banco BPM SpA pushed back against the takeover bid from UniCredit SpA, saying it wasn’t agreed in advance, is too low and ...

Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its ...

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 ...

The bid from the larger Italian lender "does not reflect in any way the profitability and further potential to create value for Banco BPM shareholders", it said in a statement.

The bid is non-binding and has to be confirmed within 20 days, by which deadline UniCredit must file the offer document with ...

UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told Italian newswire ANSA on ...

Milan, Italy-headquartered UniCredit is simultaneously considering an acquisition of Frankfurt, Germany-based Commerzbank AG, ...

Also in today’s newsletter, Huawei to launch phone with homegrown software, and TotalEnergies suspends fresh investment in ...