Banco BPM, UniCredit and Crédit Agricole

UniCredit CEO Plans to Meet Credit Agricole Over Banco BPM
UniCredit SpA is planning to meet with French rival Credit Agricole SA in the next few weeks to discuss the Italian bank’s takeover bid for a domestic rival. UniCredit Chief Executive Officer Andrea Orcel is in touch with his French counterpart Philippe Brassac to try and set a meeting before the year ends,
UniCredit CEO to meet Credit Agricole in Banco BPM deal drive, source says
MILAN/PARIS (Reuters) -UniCredit CEO Andrea Orcel plans to meet Credit Agricole management to discuss their partnerships after the Italian bank offered to buy smaller rival Banco BPM, a person familiar with the situation told Reuters.
Banco BPM Rejects UniCredit’s €10B Bid
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which aimed to create the country’s largest banking entity. Banco announced Tuesday that UniCredit’s offer undervalued its financial strength and future growth potential,
Banco BPM Says UniCredit Bid Doesn’t Reflect Its Profitability
Banco BPM SpA said the takeover bid it has received from UniCredit SpA wasn’t agreed in advance and isn’t in line with its performance.
UniCredit CEO Orcel to meet Credit Agricole in push for Banco BPM deal, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' partnerships after the Italian bank offered to buy rival Banco BPM , one person familiar with the situation told Reuters.
UniCredit Hires Deloitte to Advise on Banco BPM Takeover Bid
UniCredit SpA has hired Deloitte LLP to advise Italy’s second-biggest bank on its takeover bid for Banco BPM SpA, people ...
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 ...
NBC New York4d
Banco BPM says UniCredit's ‘unusual' $10.5 billion takeover offer does not reflect its profitability
Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability and could reduce its legal autonomy. UniCredit offered to snap ...
Wall Street Journal3d
Italy’s Banco BPM Rebukes UniCredit’s $10.5 Billion Bid
Italian lender Banco BPM BAMI-0.51%decrease; red down pointing triangle rebuked a $10 billion-plus bid from larger rival UniCredit UCG 0.00%increase; green up pointing triangle, saying the offer ...
Italian politicians take dim view of UniCredit bid for Banco BPM
Italy reserves the right to use its golden power legislation aimed at shielding strategic assets in regards to UniCredit's ...
Yahoo Finance4d
Banco BPM rebuffs UniCredit bid, saying it undervalues bank
Shares in Banco BPM closed up 5.5% on Monday at 7 euros, above the 6.657 euros a share offered by UniCredit in its all-share offer - a sign the market sees the bid's 0.5% premium as too low. Orcel ...
Wall Street Journal2d
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
UniCredit on Monday launched an all-stock offer valuing Banco BPM at 10.1 billion euros ($10.60 billion), part of efforts to strengthen its foothold in its home country and gain more market share ...
European stocks tick higher as global markets rally; UniCredit falls 5% after making offer for Banco BPM
European stocks are expected to open higher Monday as global market sentiment rises. The U.K.'s FTSE 100 index is expected to ...
Yahoo Finance4d
Banco BPM to Discuss UniCredit’s Unsolicited $11 Billion Bid
Orcel’s bid comes after Banco BPM bought a 5% stake in Monte Paschi from the government. That stake would rise if Banco BPM succeeds in acquiring asset manager Anima Holding SpA, which also ...