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News

UniCredit withdraws offer for BPM

Reuters on MSN · 3d
UniCredit drops bid for Banco BPM blaming Italy's government
Italy's UniCredit withdrew its takeover bid for smaller rival Banco BPM on Tuesday, blaming government intervention for scuppering the 15 billion-euro ($17 billion) deal.
The Wall Street Journal on MSN · 3d
Italy’s UniCredit Withdraws Offer to Buy Banco BPM
In withdrawing, UniCredit cited complaints related to the golden power provision that allows the Italian government to impose conditions on corporate transactions.
Financial Times · 3d
UniCredit withdraws offer for BPM after opposition from Meloni’s government
UniCredit has withdrawn its offer to buy smaller rival Banco BPM following opposition from Giorgia Meloni’s government, and just days after the European Commission had reprimanded Italy for its interference.
U.S. News & World Report8mon
Italy's Banco BPM Launches $1.7 Billion Bid for Asset Manager Anima
MILAN (Reuters) - Italy's third-largest Banco BPM on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima Holding in an up to 1.6 billion euro ($1.7 billion) ...
The Peninsula Qatar
3d
Italy's UniCredit says withdraws offer for Banco BPM
Rome: Unicredit, Italy s second largest bank, said Tuesday it was withdrawing its offer for its smaller rival Banco BPM, ...

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