The board of directors of Banco Bpm reiterates its rejection of the offer from the group led by Orcel. CEO Castagna: "The offer is totally inadequate, our shareholders are advised not to accept it" ...

The board of directors of Banco Bpm reiterates its rejection of the offer from the group led by Orcel. CEO Castagna: "Inadequate Ops, our shareholders are advised not to accept" ...

Italy's third-largest bank Banco BPM on Thursday formally rejected a takeover bid by bigger rival UniCredit , saying the ...

The conditions concern the merged entity's credit activity, liquidity management, and UniCredit’s operations in Russia.

UniCredit on Thursday threw its weight behind rebel Generali investor Francesco Gaetano Caltagirone, three sources said, in a move that may soften government opposition to a takeover bid for Banco BPM ...

Government intervention in banking consolidation smacks of bad, old politics and risks upsetting investors and European ...