Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability and could reduce its legal autonomy. UniCredit offered to snap up ...

MILAN, Dec 13 (Reuters) - UniCredit (CRDI.MI), opens new tab on Friday filed its buyout offer for rival Banco BPM BAMI.MI with Italy's market regulator, and CEO Andrea Orcel said the price was ...

UniCredit made a $10 billion-plus move on smaller Italian peer Banco BPM, shifting its focus away from an attempted takeover of Germany’s Commerzbank as it seeks to grow through dealmaking. Under ...

Italy's UniCredit launched a $10 billion-plus offer to buy Banco BPM, setting its sights on a smaller domestic peer after circling Germany's Commerzbank in recent months. A potential UniCredit ...

Under the acquisition offer, Banco BPM shareholders will receive 0.175 new UniCredit shares for each Banco BPM share. The offer values Banco BPM at €6.657 per share, marking a 0.5% premium to Friday’s ...

Shares in Banco BPM closed at 7.846 euros on Friday, well above the 6.657 euros a share UniCredit is offering based on the bid's exchange ratio, indicating investors are betting on an improvement of ...

Italy's UniCredit launched a $10 billion-plus offer to buy Banco BPM, setting its sights on a smaller domestic peer after circling Germany's Commerzbank in recent months. A potential UniCredit ...