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.

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

Italy has deemed necessary to set binding conditions before clearing UniCredit's proposed bid for Banco BPM to avoid "even ...

Banco BPM rebuked UniCredit's unsolicited bid saying it undervalues the bank and creates uncertainty, and has been trying to fend off the approach but has been limited in the strategic moves it can ...

UniCredit has said its bid for Banco BPM is in limbo after the Italian government imposed conditions on the transaction last ...

The rating agency Standard & Poor’s Meanwhile, he has raised The Issuer Credit Rating and Senior Favorred Unicredit rating of ...

Growing uncertainty over the fate of UniCredit's 13 billion-euro ($15 billion) all-share bid drove Banco BPM's shares down 2% ...

The Italian government said Friday that it imposed conditions in connection with UniCredit's offer for Banco BPM to protect strategic interests for national security, but didn't specify them. Its ...

UniCredit said on Tuesday it had written to Italy's government after Rome cleared with prescriptions which the Italian bank ...