Banco BPM S.p.A. (BNCZF)

Italy's third-largest bank Banco BPM on Thursday formally rejected a takeover bid by bigger rival UniCredit , saying the price was too low and that its shareholders would be penalised in the combined ...

Italy has deemed necessary to set binding conditions before clearing UniCredit's proposed bid for Banco BPM to avoid "even the slightest risk" of aiding Russia's economy where UniCredit operates, a de...

The bank said the conditions would constrain how the combined entity ran its future credit activities and liquidity, and the group's activities in Russia.

UniCredit said on Tuesday it had written to Italy's government after Rome cleared with prescriptions which the Italian bank considers unclear and potentially problematic its takeover offer for rival B...

Italy's cabinet on Friday gave a conditional green light to UniCredit's takeover bid for smaller rival Banco BPM , two government sources said.

Italy's government is likely to set out conditions for UniCredit's proposed takeover of smaller rival Banco BPM this week, including a request to leave Russia "as soon as possible", Il Messaggero repo...

Banco BPM will back a share issue proposed by Tuscan bank Monte dei Paschi di Siena (MPS) to fund its hostile bid for rival Mediobanca , a spokesperson for the Italian lender said on Tuesday.

Italy's Banco BPM on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding required to reap the maximum benefits from the deal.

UniCredit will continue to evaluate in the coming months whether to proceed with its proposed buyout bid for Banco BPM , and any decision would be taken only towards the end of June, a person close to...

Italian bank UniCredit is on course to secure a conditional green light from the government in Rome over its plan to take over smaller rival Banco BPM , three sources familiar with the matter told Reu...