Banco BPM, UniCredit

UniCredit brings forward vote on Banco BPM bid, ups number of shares it can issue
UniCredit said on Thursday its board has moved up to March 27 a shareholder vote previously scheduled for April 10 to approve issuing new shares to finance a takeover bid for Banco BPM.Italian bank UniCredit in November launched a 10 billion euro all-share offer for the smaller rival,
Banco Bpm responds with white heat to Unicredit: the relaunch on Anima does not compromise the Danish Compromise
According to Banco Bpm, Unicredit would have only made suppositions, aimed at "insinuating doubts". Cet1 at 13% "in any case". Then the accusation to Piazza Gae Aulenti: "It does not provide clarifications on Commerz,
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.
Banco BPM reassures about capital in tit-for-tat with UniCredit
Banco BPM on Tuesday rebuffed concerns raised by suitor UniCredit about its capital reserves, and said it trusted it would be able to apply favourable capital rules to its proposed purchase of fund manager Anima Holding.
Unicredit warns Banco Bpm: "We will withdraw if the offer on Anima changes". Castagna: "Dangerous accusations to influence the shareholders"
In view of the Banco Bpm meeting on February 28 called to approve the relaunch on Anima, Unicredit warns: "The increase in the price of the OPA and the renunciation" of the Danish Compromise, could determine "the resolution or ineffectiveness of the offer".
UniCredit threatens to drop Banco BMP 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's bid target Banco BPM ups stakes on Anima to secure profit goals
Banco BPM is proposing to pay more to buy fund manager Anima Holding , which it needs to control to reach its new profit and payout targets as it tries to fend off a takeover by bigger rival UniCredit .
Banco BPM Raises Targets, Sweetens Bid for Anima
The lender lifted its offer for asset manager Anima as it outlined higher midterm targets and seeks to defend itself from an unsolicited UniCredit takeover approach.
Banco BPM Raises Takeover Offer for Asset Manager Anima
Banco BPM SpA raised its bid for asset manager Anima Holding SpA, indicating that the Italy’s third-largest bank is ...
UniCredit says it could drop Banco BPM offer if cost of Anima bid rises
UniCredit on Monday warned Banco BPM shareholders that if they decided to back a more costly bid for fund manager Anima Holding UniCredit could pull its own buyout offer for BPM. "UniCredit reiterates ...
devdiscourse3d
Starmer's Defense Pledge and EQT's New Leadership Highlight Financial Moves
Top stories in Financial Times include Keir Starmer's defense spending plans amidst budget cuts, EQT's appointment of Per ...
BofA downgrades Swedbank, Banco BPM on limited upside
Bank of America downgraded Swedbank (ST:SWEDa) to 'Underperform' and Banco Bpm (BIT:BAMI) to 'Neutral' given a lack of catalysts for further upside in both stocks.
Anima investor Poste to back Banco BPM's bid if it is improved
Italy's national post office Poste Italiane on Monday said it would tender its 12% stake in Anima Holding under a buyout ...
Banco BPM to Meet Investors in Paris, Milan: Italy Bank Update
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...