Italy demands full disclosure from UniCredit over BPM bid, sources say
Italy wants UniCredit to disclose full terms of its proposed takeover of smaller rival Banco BPM under "golden power" rules ...
UniCredit Lifts Commerzbank Stake as Orcel Keeps Up Pursuit
UniCredit SpA increased its holding in Commerzbank AG to about 28% as Chief Executive Officer Andrea Orcel continues to ...
UniCredit CEO Keeps Pressure on Commerzbank
UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that ...
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Orcel to FT: “Europe must decide on banking union, Commerz and Banco Bpm test on integration”
In a letter to the Financial Times, Unicredit CEO Andrea Orcel explains the reasons for the Commerz and Banco Bpm operations: "They are tests that will make us understand if we are serious about integ ...
UniCredit's Orcel Was Plotting Bid Before Banco BPM Forced Hand, Sources Say
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the ...
UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
UniCredit on Friday filed its buyout offer for rival Banco BPM BAMI.MI with Italy's market regulator, and CEO Andrea Orcel ...
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Unicredit, Intesa Messina CEO talks about Commerzbank and Banco Bpm: “Governments must not interfere in the banking game”
"Governments cannot choose based on their liking, they should intervene only in cases where financial stability is at stake" ...
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FOCUS-UniCredit’s Orcel was plotting bid before Banco BPM forced hand, sources say
MILAN, Dec 11 (Reuters) - UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said.
UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
Investors are watching whether UniCredit will proceed with a takeover venture of Germany’s Commerzbank or Italian peer Banco ...