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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.
Barron's
1d
Italy's Banco BPM Says UniCredit Bid Insufficient
The board of directors of
Italy
's
Banco
BPM
said Tuesday that an acquisition bid from larger rival UniCredit was inadequate and failed to reflect the bank's profitability or potential. UniCredit ...
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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