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Italy's third-largest bank Banco BPM on Thursday formally rejected a takeover bid by bigger rival UniCredit , saying the ...
The conditions concern the merged entity's credit activity, liquidity management, and UniCredit’s operations in Russia.
UniCredit has said its bid for Banco BPM is in limbo after the Italian government imposed conditions on the transaction last ...
UniCredit said on Tuesday its ability to make "sound" decisions could be impaired by the conditions Italy set to clear the ...
UniCredit said on Tuesday it had written to Italy's government after Rome cleared with prescriptions which the Italian bank ...
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" ...
Government intervention in banking consolidation smacks of bad, old politics and risks upsetting investors and European ...
The bank said the conditions would constrain how the combined entity ran its future credit activities and liquidity.
M&A bankers can’t catch a break at the moment. Higher interest rates and market volatility were already making it harder to ...
The Italian government is set to request conditions including constraints on UniCredit SpA’s Russia business in order to ...
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 ...