banco bpm, UniCredit

Italy Seeks Ways to Counter UniCredit's Takeover Bid for BPM, FT Reports
UniCredit's bid for BPM also throws a spanner in the works for Italy's government, which had advanced plans for a merger of BPM with rival Monte dei Paschi di Siena which it saw as strengthening its banking sector without harming competition.
UniCredit Hires Deloitte to Advise on Banco BPM Takeover Bid
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people familiar with the matter said.
Italy's UniCredit Offers to Buy Banco BPM for $10.57 Billion
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a stock deal valued at about 10.09 billion euros ($10.57 billion).
Italy denies report on decree to counter UniCredit's takeover bid for BPM
The Italian Treasury on Friday denied drafting an emergency decree to counter UniCredit's takeover bid for smaller rival Banco BPM after the Financial Times reported Rome was considering this option.
Italy’s UniCredit makes buyout offer for Banco BPM
"Italy’s UniCredit makes buyout offer for Banco BPM" was originally created and published by Retail Banker International, a GlobalData owned brand.
Over 6,000 job losses if UniCredit takes over says BPM
ROME, NOV 27 - The CEO of Banco BPM, Giuseppe Castagna, wrote a letter to staff Wednesday saying there would be estimated job losses of at least 6,000 if Italy's second-biggest bank UniCredit succeeds in its hostile takeover bid for the country's third-biggest.
Italy's UniCredit launches surprise $11 billion all-share bid for Banco BPM
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.
Banco BPM CEO flags significant job cut risks with UniCredit deal
Banco BPM CEO Giuseppe Castagna has raised concerns over potential job losses in the wake of Italian banking group UniCredit's unsolicited takeover bid, reported Bloomberg citing a letter sent to by Banco to its employees.
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Unwelcome in Germany, UniCredit CEO zeroes in on Italy
A smaller purchase in Italy could allow UniCredit to keep moving while working on the bigger catch. Resistance, however, ...
UniCredit to Talk Amundi Accord When Meeting Credit Agricole
UniCredit SpA and Credit Agricole SA will discuss a crucial distribution agreement between the two companies when their top executives come together in the coming weeks to debate the Italian bank’s ...
Awaiting Commerzbank, Italy's UniCredit Bids For Italian Rival
With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...
UniCredit CEO Orcel to meet Credit Agricole in push for Banco BPM deal, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
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Tourism, Italy in second place in the EU for foreign presence: growth opportunities in the Unicredit Forum
Despite the decline in domestic demand, tourism in Italy continues to grow thanks to international arrivals. The Unicredit ...
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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 ...
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 ...