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Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
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.
Italy’s UniCredit to buy domestic rival Banco BPM in €10.1B deal
The move pauses speculation that UniCredit was considering a bid for Germany’s Commerzbank. It also foils a plan by the Italian government to boost competition against UniCredit and its peer, Intesa Sanpaolo.
UniCredit CEO to meet Credit Agricole in Banco BPM deal drive, 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 to Talk Amundi Accord When Meeting Credit Agricole
UniCredit SpA and Credit Agricole SA will discuss a crucial distribution agreement between the two companies when their top executives come together in the coming weeks to debate the Italian bank’s takeover bid for a domestic rival.
6d
on MSN
Orcel Sees Lower Commerzbank Chances, Focuses on New Target
UniCredit SpA Chief Executive Officer Andrea Orcel, turning to a fresh takeover target, said that the probability of him ...
5d
Orcel’s Unapologetic Hunt for Bank Deals Will Shape His Legacy
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
2d
on MSN
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' ...
6d
UniCredit’s Orcel is just working the angles on European bank mergers
That sort of maths only holds if UniCredit’s shareholders support Orcel’s strategy. Given the uncertainty around his plans, ...
devdiscourse
2d
Inside the UniCredit-Commerzbank Showdown: Andrea Orcel's Banking Ambitions
UniCredit CEO Andrea Orcel is navigating fierce resistance regarding his ambitions to take over Germany's Commerzbank, prompting him to refocus on a smaller Italian bank acquisition. German corporate ...
2d
Unwelcome in Germany, UniCredit CEO zeroes in on Italy
Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce ...
5d
Andrea Orcel’s journey from foreign predator to domestic consolidator
Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea ...
NBC Los Angeles
5d
Banco BPM says UniCredit's ‘unusual' $10.5 billion takeover offer does not reflect its profitability
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
Opinion
6d
Opinion
UniCredit’s Domestic Deal Won’t End Commerzbank Ambitions
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
5d
Andrea Orcel resumes M&A offensive
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...
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