UniCredit CEO to meet Credit Agricole in Banco BPM deal drive, source says
UniCredit CEO Andrea Orcel is planning to meet with Credit Agricole management to discuss the future of the lenders' partnerships after the Italian bank offered to buy rival Banco BPM , one person familiar with the situation told Reuters.
Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too low and would likely hurt jobs and competition in Italy.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City,
By Tom Sims, John O'Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel ...
Orcel has indicated his move was motivated by intensifying deal activity in Italy’s banking sector such as Banco BPM’s ...
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...
UniCredit CEO Andrea Orcel is navigating fierce resistance regarding his ambitions to take over Germany's Commerzbank, prompting him to refocus on a smaller Italian bank acquisition. German corporate ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
That sort of maths only holds if UniCredit’s shareholders support Orcel’s strategy. Given the uncertainty around his plans, ...
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
UniCredit SpA Chief Executive Officer Andrea Orcel suggested he’ll be even more patient with a potential acquisition of ...
Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback