banco bpm, UniCredit

UniCredit to Talk Amundi Accord When Meeting Credit Agricole
UniCredit SpA is planning to meet with French rival Credit Agricole SA in the next few weeks to discuss the Italian bank’s takeover bid for a domestic rival. UniCredit Chief Executive Officer Andrea Orcel is in touch with his French counterpart Philippe Brassac to try and set a meeting before the year ends,
Banco BPM says UniCredit's ‘unusual' $10.5 billion takeover offer does not reflect its profitability
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on "unusual" terms, the Banco BPM board of directors said in a CNBC-translated statement. It also failed to reflect Banco BPM's profitability and potential for further value creation, the board added.
BPM spurns UniCredit’s takeover bid
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
UniCredit Hires Deloitte to Advise on Banco BPM Takeover
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 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 Treasury denies it's drafting decree to counter UniCredit bid for Banco BPM: report
The Italian Treasury has denied a report that it is drafting an emergency decree to counter UniCredit’s (OTCPK:UNCFF)(OTCPK:UNCRY) 10B euro ($10.6B) bid for Banco BPM, Reuters reported late Friday. UniCredit made the offer for the smaller rival on Monday,
UniCredit Informed Government, Banco BPM Ahead of Making Bid
UniCredit SpA informed top officials in the Italian government and Banco BPM SpA Chairman about its intention to make a takeover bid for its smaller rival before announcing the move on Monday, people with knowledge of the matter said.
Italy seeks ways to counter UniCredit's takeover bid for BPM, FT reports
The Italian government is vying options to counter UniCredit's takeover bid for smaller rival Banco BPM, including an emergency decree, the Financial Times reported on Friday, citing two people with knowledge of the plans.
Unwelcome in Germany, UniCredit CEO zeroes in on Italy
Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce ...
UniCredit Makes Another M&A Chess Move; Hedge Funds Ponder What's Next
Commerzbank’s stock is taking a hit as investors bet that UniCredit’s $10.5 billion bid for Banco BPM indicates its interest in the German bank is cooling. But some hedge funds suggest the surp ...
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 to meet Credit Agricole in Banco BPM deal drive, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' ...
Wall Street Journal6d
UniCredit Makes Surprise $10.5 Billion Bid for Italian Rival
UniCredit UCG1.13%increase; green up pointing triangle made a $10 billion-plus move on smaller Italian peer Banco BPM BAMI 1.97%increase; green up pointing triangle, shifting its focus away from ...
Key deals this week: EnLink Midstream, Peabody, StoneCo, UniCredit and more
Oneok (OKE) said Sunday it agreed to acquire all remaining publicly-held units it does not already own of EnLink Midstream ...
Amundi says 1.3% UniCredit stake held on behalf of clients
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...