The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a stock deal valued at about ...
"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a ...
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 reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's ...
The move pauses speculation that UniCredit was considering a bid for Germany’s Commerzbank. It also foils a plan by the Italian government to boost competition against UniCredit and its peer, Intesa ...
STORY: Italy's UniCredit on Monday (November 25) launched a surprise $11 billion all-share offer for rival Banco BPM.That’s ...
MILAN (Reuters) - UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told ...
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.