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.
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
Goldman Sachs has warned that Trump’s tariffs on Canadian and Mexican crude oil could hurt US consumers significantly.
Skeena Resources' stock is trading high relative to its recent trends, but nonetheless conserves strong tailwinds to continue ...
Commerzbank believe that the RBI is unlikely to panic following the increase in headline inflation in October as it was mainly due to higher food prices and is likely to be transient.On monetary ...
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 ...
Oil prices rose Wednesday as traders assessed the impact of a ceasefire deal between Israel and Hezbollah, and an upcoming ...
In a report released today, Jochen Schmitt from Bankhaus Metzler maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price ...
In a report released today, Anke Reingen from RBC Capital maintained a Hold rating on Commerzbank (0RLW – Research Report), with a price target of €17.25. The company’s shares closed yesterday at ...
Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
UniCredit on Monday launched an all-stock offer valuing Banco BPM at 10.1 billion euros ($10.60 billion), part of efforts to strengthen its foothold in its home country and gain more market share in ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...