News

UniCredit to Take ‘Timely’ Steps on BPM After Court Decision
UniCredit SpA said it will assess the next steps on its takeover plan for Banco BPM SpA amid doubts over whether the deal ...
UniCredit, BPM shares up on report Italy will have to drop merger conditions
Shares in Italy's second biggest bank UniCredit and its takeover target Banco BPM rose on Tuesday on a media report that said ...
The Banker3h
Court upholds Russia exit condition for UniCredit’s BPM bid; US banks face worst investment banking run in over a decade
An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...
U.S. News & World Report2mon
UniCredit Says Banco BPM Bid Can't Go Ahead With Government's Conditions
Growing uncertainty over the fate of UniCredit's 13 billion-euro ($15 billion) all-share bid drove Banco BPM's shares down 2% by 1020 GMT. However, the market still values BPM at 1.1 billion ...
Italy's UniCredit awaits ruling on Banco BPM deal after lifting Commerzbank voting stake
An Italian court will hear on Wednesday an appeal by UniCredit against government conditions hampering its $17 billion bid ...
Wall Street Journal24d
UniCredit’s Banco BPM Bid Gets Conditional EU Nod - WSJ
The European Union approved UniCredit’s UCG1.42%increase; green up pointing triangle bid for Banco BPM BAMI 0.75%increase; green up pointing triangle with conditions, clearing a hurdle for the ...
The Banker5d
UniCredit challenges Italian merger conditions in court; Mubadala eyes further £78mn stake in Revolut
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, is in negotiations to acquire an additional £78mn stake in Revolut, Sky News has reported. The move would build on Mubadala’s existing ...
UniCredit irks Germany with Commerzbank manoeuvre pending court ruling
UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...