An Italian court will hear on Wednesday an appeal by UniCredit against government conditions hampering its $17 billion bid ...

MILAN (Reuters) -Shares in Italy's second biggest bank UniCredit and its takeover target Banco BPM rose on Tuesday on a media ...

Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move ...

UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the Italian bank doubles ...

In a statement, Banco BPM said the bid from UniCredit, the larger Italian lender, "does not reflect in any way the profitability and further potential to create value for Banco BPM shareholders".

Banco BPM said UniCredit was not offering any premium. The transaction would hand BPM shareholders a 14% stake in the combined entity, below the expected contribution from BPM to 2027 profit of 18 ...

Credit Agricole got the all clear to take a bigger stake in Italy's Banco BPM , posing a hurdle to UniCredit which said on Wednesday it would launch its 14 billion euro ($15 billion) tender offer ...

CNBC has reached out to UniCredit for comment. UniCredit's Milan-listed shares were flat at 12:37 p.m. London time on Tuesday, with the stock of Banco BPM down 0.20%.

CNBC has reached out to UniCredit for comment. UniCredit's Milan-listed shares were flat at 12:37 p.m. London time on Tuesday, with the stock of Banco BPM down 0.20%.

Banco BPM Urges UniCredit to Drop Bid if It Can't Meet Govt's Demands. More. Reuters. FILE PHOTO: A person uses an ATM at a UniCredit bank branch in Rome, Italy, November 25, 2024.

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 ...

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 ...