Banco BPM, UniCredit

UniCredit bid for Banco BPM raises concerns on workforce, union says
UniCredit's bid for Banco BPM raises concerns about the potential impact of the deal on jobs, the banking sector's main union said on Thursday. "There is great concern about the employment fallout that could result from the deal.
BPM spurns UniCredit’s takeover bid
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
UniCredit Informed Government, Banco BPM Ahead of Making Bid
UniCredit SpA informed top officials in the Italian government and Banco BPM SpA Chairman about its intention to make a takeover bid for its smaller rival before announcing the move on Monday, people with knowledge of the matter said.
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
Banco BPM boss warns of job losses in UniCredit deal
Italy's Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if the deal went through.
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.
Over 6,000 job losses if UniCredit takes over says BPM
ROME, NOV 27 - The CEO of Banco BPM, Giuseppe Castagna, wrote a letter to staff Wednesday saying there would be estimated job losses of at least 6,000 if Italy's second-biggest bank UniCredit succeeds in its hostile takeover bid for the country's third-biggest.
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 ...
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 ...
Moody’s Confirms UniCredit’s Stable Ratings Amid Acquisitions
UniCredit SpA (IT:UCG) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At ...
UniCredit Makes Another M&A Chess Move; Hedge Funds Ponder What's Next
Commerzbank’s stock is taking a hit as investors bet that UniCredit’s $10.5 billion bid for Banco BPM indicates its interest in the German bank is cooling. But some hedge funds suggest the surp ...
Amundi says 1.3% UniCredit stake held on behalf of clients
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
Awaiting Commerzbank, Italy's UniCredit Bids For Italian Rival
With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...
Wall Street Journal3d
UniCredit Makes Surprise $10.5 Billion Bid for Italian Rival
Under Chief Executive Andrea Orcel, UniCredit has been trying to engineer a merger with Commerzbank, but political opposition and pending elections have delayed the process.
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, ...