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UniCredit irks Rome with $11 billion Banco BPM swoop

The Wall Street Journal on MSN · 2h

Italy’s Banco BPM Rebukes UniCredit’s $10.5 Billion Bid

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

YAHOO!Finance · 2h

Banco BPM rebuffs UniCredit bid, saying it undervalues bank

Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying it undervalued the bank, tied its hands in strategic deals and created new risks for shareholders.

Reuters · 23h

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 .

Barron's15h

Italy's Banco BPM Says UniCredit Bid Insufficient

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 ...

Italy's League announce bill to overhaul central bank's governance

Italy's co-ruling League party said on Tuesday it was drawing up a bill to boost politicians' powers to name senior central ...

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UniCredit irks Rome with $11 billion Banco BPM swoop

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