Banco BPM, UniCredit

UniCredit threatens to drop Banco BPM takeover offer
UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was a counter offer of UniCredit after BPM bid to buy Anima for €1bn to boost its asset management fee income amid falling interest rates.
UniCredit Brings Forward Vote on Banco BPM Bid, Ups Number of Shares It Can Issue
UniCredit said it was increasing to 278 million, from a previous 266 million, the maximum number of new shares to be issued to finance the bid, saying the amount covered any misalignment in share prices due to dividend payments. Based on Thursday's closing price, UniCredit's bid is worth up to 13.29 billion euros.
UniCredit threatens to walk away from Banco BPM deal
BPM chief executive Giuseppe Castagna lashed out against the latest move by UniCredit in a television interview, labelling Monday’s announcement “very dangerous” and an attempt to influence the shareholder vote.
UniCredit says Banco BPM offer at risk if Anima bid cost rises
UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a more costly bid for fund manager Anima Holding. BPM last week proposed to pay more for Anima Holding,
UniCredit threatens to drop Banco BPM takeover offer if Anima bid cost rises
UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was a counter offer by UniCredit after BPM's bid to buy Anima for €1bn - to boost its asset management fee income amid falling interest rates.
Interfax10h
UniCredit expects resolution of Ukrainian conflict will help it leave Russia faster, more lucratively
UniCredit is among the European banks with the greatest risk exposure to Russia, along with Austria's Raiffeisen Bank International. The group has been trying to leave Russia since 2022.
Yahoo Finance28d
Commerzbank says UniCredit's approach is hostile and unilateral
UniCredit is awaiting the European Central Bank approval it needs for the 28 ... only be considered as hostile," Commerzbank said in a statement. UniCredit had announced an initial 9% stake in ...
SeeNews8d
UniCredit's net profit in Serbia rises 28% in 2024
Italian banking group UniCredit said its Serbian unit posted a net profit of 2015 million euro ($212.7 million) in 2024, up ...
Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns
Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid ...
NBC Chicago9d
Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
In a statement accompanying the results ... close our valuation gap, and cementing UniCredit as the bank of Europe's future and benchmark for banking." Feeling out of the loop?