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 up ...
The announcement could kick-off a second wave of dealmaking in Italian banking after a burst of M&A activity last year.
MILAN, May 7 (Reuters) - Banco BPM (BAMI.MI), opens new tab said on Tuesday it may raise its earnings per share guidance for the year after posting a higher than expected first-quarter net profit.
Banco BPM S.p.A. (IT:BAMI) has released an update. Banco BPM S.p.A. has reported a robust financial performance for the first nine months of 2024, with an adjusted net profit of €1,245 million, ...
MILAN, Nov 6 (Reuters) - Banco BPM (BAMI.MI), opens new tab said on Wednesday it could beat its 2024 earning per share (EPS) guidance after posting a 79.8% rise in nine-month net profit from a year ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover proposal wasn’t agreed in advance, is too low and would likely hurt jobs and competition in Italy. The deal terms ...
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