Italy's UniCredit launches surprise $11 bln all-share bid for Banco BPM
Italy's UniCredit on Monday launched a surprise all-share offer worth 10 billion euros ($11 billion) for smaller domestic rival Banco BPM , while it also pursuing a potential deal with Germany's Commerzbank .
UniCredit Bids €10 Billion for Banco BPM
UniCredit says its in a bid to take over domestic rival Banco BPM. The move comes with UniCredit also considering an acquisition of Commerzbank after buying a large say for its German rival. Let's bring in Bloomberg's Joe Easton,
UniCredit makes offer for Italian rival Banco BPM
A deal would “allow the full enhancement of the potentialities of the two groups in Italy and the consequent further strengthening of a solid pan-European entity”, UniCredit said. UniCredit’s offer represents a premium of 0.
Italy's UniCredit offers to buy Banco BPM for $10.57 billion
(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a roughly 10.09-billion-euro ($10.57 billion) all-stock deal that would combine Italy's second and third largest banks and expand their pan-European presence.
UniCredit Launches $11 Billion All-Share Offer for Banco BPM
Unicredit said it has launched a voluntary public exchange offer for all existing shares in Banco BPM for €6.657 a share.
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.
Italy's UniCredit launches surprise $11 billion all-share bid for Banco BPM
Italy's UniCredit on Monday launched a surprise all-share offer worth 10 billion euros ($11 billion) for smaller domestic rival Banco BPM, while it also pursuing a potential deal with Germany's Commerzbank.
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