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Banco BPM, UniCredit
Banco BPM boss warns of job losses in UniCredit deal
Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if the deal went through.
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
Banco BPM rejects UniCredit takeover bid
UniCredit on Monday launched a €10.1bn takeover bid for BPM, Italy’s third-largest bank, surprising the market and the country’s political establishment.
1d
Credit Agricole has not applied to ECB to cross 9.9% holding in Banco BPM, spokesperson says
Credit Agricole has not applied to gain European Central Bank authorisation to cross the 9.9% threshold with its holding in ...
Yahoo Finance
13h
Banco BPM must be an autonomous bank, sees 6,000 job cuts in Unicredit bid, CEO says
MILAN (Reuters) -
Banco
BPM
, the target of an unsolicited all-share offer announced by UniCredit, should continue being a "big autonomous bank," its CEO said in a letter to staff on Wednesday. The ...
2d
European stocks tick higher as global markets rally; UniCredit falls 5% after making offer for Banco BPM
European stocks are expected to open higher Monday as global market sentiment rises. The U.K.'s FTSE 100 index is expected to ...
2d
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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UniCredit
Italy
Andrea Orcel
Commerzbank
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