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,
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 Andrea Orcel said would take precedence over any potential move on Germany's Commerzbank .
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.
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.
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' partnerships after the Italian bank offered to buy rival Banco BPM , one person familiar with the situation told Reuters.
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,
Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
Banco BPM SpA said the takeover bid it has received from UniCredit SpA wasn’t agreed in advance and isn’t in line with its performance.
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.
Unwelcome in Germany, UniCredit CEO zeroes in on Italy
By Tom Sims, John O'Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel ...
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 ...
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Inside the UniCredit-Commerzbank Showdown: Andrea Orcel's Banking Ambitions
UniCredit CEO Andrea Orcel is navigating fierce resistance regarding his ambitions to take over Germany's Commerzbank, prompting him to refocus on a smaller Italian bank acquisition. German corporate ...
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 ...
Wall Street Journal7d
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 ...
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 ...
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 ...