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Italy's Monte dei Paschi is focused on its takeover offer for Mediobanca , its chief executive said on Thursday, adding further deals would be something the state-backed bank could consider only ...
In withdrawing, UniCredit cited complaints related to the golden power provision that allows the Italian government to impose conditions on corporate transactions.
UniCredit has withdrawn its offer to buy smaller rival Banco BPM following opposition from Giorgia Meloni’s government, and just days after the European Commission had reprimanded Italy for its ...
The group's board of directors announced that it had decided to abandon the takeover due to the Italian government's use of golden power, which had prolonged the negotiations too much, preventing ...
Italy's UniCredit withdrew its takeover bid for smaller rival Banco BPM on Tuesday, blaming government intervention for scuppering the 15 billion-euro ($17 billion) deal.
UniCredit SpA raised its outlook for full-year profit and shareholder distributions, giving a boost to Chief Executive Officer Andrea Orcel after the failed bid for rival Banco BPM SpA.
MILAN (Reuters) -UniCredit on Wednesday reported higher than expected quarterly income and raised its outlook for 2025 and beyond, a day after a clash with the government prompted Italy’s second ...
Italy's UniCredit posted a sharp rise in quarterly profit on Wednesday despite lower revenues, a day after it withdrew its offer for smaller rival Banco BPM due to government interference.
Sudan Archives returned in June with “Dead,” her first new music since her fantastic 2022 album Natural Brown Prom Queen, and now she’s announced a new album. THE BPM, her third album, is ...
UniCredit (UNCFF) (UNCRY) has withdrawn its offer to buy Banco BPM (BNCZF), it said on Tuesday, after failing to secure timely state approval in a setback the bank called a missed opportunity for ...
UniCredit has today posted a much higher than expected quarterly profit and raised its 2025 outlook, a day after ditching a takeover bid for rival Banco BPM which had led Italy's second biggest ...
UniCredit raised its full-year net profit guidance, moving on from its now abandoned attempt to take over Italian peer Banco BPM amid a row with Rome.
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