UniCredit S.p.A. (UNCFF)

An Italian court on Thursday rejected an appeal by Banco BPM which had challenged the suspension of a takeover offer it faces by rival UniCredit , the court's website showed.

UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was effectively blocking a takeov...

The UniCredit CEO stressed that UniCredit is presently "far away" from a merger bid with Commerzbank and would first seek a "constructive solution" to opposition from the German government.

The chances that UniCredit can see through its takeover bid for smaller peer Banco BPM are at best 20%, CEO Andrea Orcel said on Wednesday.

Italian bank UniCredit has offered to divest 206 branches in an attempt to secure EU antitrust approval to buy rival Banco BPM , three sources with direct knowledge of the matter said on Tuesday.

German Chancellor Friedrich Merz criticised UniCredit's effort to build up a stake in Commerzbank on Tuesday, saying that the Italian lender's approach was unacceptable.

An Italian court on Wednesday postponed its decision to July 9 on UniCredit's appeal against government-imposed conditions on its takeover bid for rival Banco BPM , a source with knowledge of the matt...

Italy's Treasury said on Friday it sent a letter to UniCredit confirming the "full legitimacy" and feasibility of the terms it has imposed on the bank's bid for Banco BPM under its so-called golden po...

Italian Economy Minister Giancarlo Giorgetti said on Wednesday he would resign if he were overruled on "golden power" conditions the government has tied to UniCredit's bid for smaller bank Banco BPM.