Italy's Banco BPM has rejected a €10.1bn takeover bid from UniCredit, saying the current offer undervalues it. In a statement, Banco BPM said the bid from the larger Italian lender "does not reflect ...

The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.

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 ...

MILAN (Reuters) - Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) ...

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 ...

Unicredit announced the launch of a voluntary public offering for all of the shares of Bpm bench. In an official ...

The board of directors of Italy's Banco BPM said Tuesday that an acquisition bid from larger rival UniCredit was inadequate and failed to reflect the bank's profitability or potential. UniCredit, ...