Andrea Orcel’s journey from foreign predator to domestic consolidator
Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea ...
Andrea Orcel resumes M&A offensive
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...
Orcel’s Unapologetic Hunt for Bank Deals Will Shape His Legacy
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Orcel Sees Lower Commerzbank Chances, Focuses on New Target
UniCredit SpA Chief Executive Officer Andrea Orcel, turning to a fresh takeover target, said that the probability of him ...
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BPM spurns UniCredit’s takeover bid
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too ...
Italian bank M&A circus risks sidelining investors
Andrea Orcel’s 10-billion-euro offer for Banco BPM on Monday could trigger a wave of possible countermoves from rivals within ...
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 ...
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 ...
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Banco BPM’s board meets to start discussing UniCredit’s takeover bid
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
Orcel Signals BPM Move Lowers Urgency to Pursue Commerzbank Deal
UniCredit SpA Chief Executive Officer Andrea Orcel suggested he’ll be even more patient with a potential acquisition of ...
UniCredit CEO says relationship with Amundi is 'solid'
UniCredit Chief Executive Andrea Orcel said on Monday relations with Amundi , Europe's biggest asset manager, were "solid" ...