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Italy's third-largest bank Banco BPM on Thursday formally rejected a takeover bid by bigger rival UniCredit , saying the ...
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Retail Banker International on MSNUniCredit pauses Banco BPM offer over Italian government conditionsThe conditions concern the merged entity's credit activity, liquidity management, and UniCredit’s operations in Russia.
UniCredit said on Tuesday it had written to Italy's government after Rome cleared with prescriptions which the Italian bank ...
UniCredit said on Tuesday its ability to make "sound" decisions could be impaired by the conditions Italy set to clear the ...
UniCredit has said its bid for Banco BPM is in limbo after the Italian government imposed conditions on the transaction last ...
The board of directors of Banco Bpm reiterates its rejection of the offer from the group led by Orcel. CEO Castagna: "The offer is totally inadequate, our shareholders are advised not to accept it" ...
The bank said the conditions would constrain how the combined entity ran its future credit activities and liquidity.
Government intervention in banking consolidation smacks of bad, old politics and risks upsetting investors and European ...
The Italian government will allow UniCredit SpA’s takeover bid for Banco BPM SpA to go ahead with some conditions, people ...
Banco BPM said UniCredit was not offering any premium. The transaction would hand BPM shareholders a 14% stake in the combined entity, below the expected contribution from BPM to 2027 profit of 18 ...
MILAN (Reuters) -Italy's third-largest bank Banco BPM on Thursday formally rejected a takeover bid by bigger rival UniCredit, saying the price was too low and that its shareholders would be ...
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