red down pointing triangle said a $10 billion-plus bid from UniCredit UCG 0.18%increase; green up pointing triangle undervalues the business, a day after Italy’s second largest bank by assets ...
MILAN (Reuters) -Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea Orcel said would take precedence over any potential ...
The move is part of UniCredit's strategy to consolidate its competitive position and expand its presence within Italy. It will see Banco BPM shareholders receiving 0.175 UniCredit shares for ...