Would UniCredit Buy Its Competitor with the Involvement of French People?
5 Articles
5 Articles
Castagna's dream of making Banco Bpm a bank aggregate is set. After the Unicredit hypothesis and with the offer on Mps diminished by Intesa Sanpaolo's blitz, there is only one option: to be absorbed by Crédit Agricole. The only possible grip is antitrust, but it can be bypassed. The French (as high as 29%) aim at the soft conquest, without armbaggi
Crédit Agricole and UniCredit recently considered jointly acquiring Banco BPM by breaking up the Italian bank, Reuters reported, citing two sources familiar with the matter.
(Teleborsa) - UniCredit looks at the opportunities that could emerge from the new phase of consolidation of the Italian banking sector, evaluating the possible acquisition of branches or other assets that would have...
UniCredit is looking to capitalize on the new wave of consolidation underway in the Italian banking sector, having already conveyed to Intesa Sanpaolo and Credit Agricole its interest in acquiring specific assets, should the two banks complete their acquisitions of their competitors, according to sources cited by Bloomberg. In particular, the Italian bank is said to have informally informed both parties that it would be interested in acquiring b…
Both banks would consider a joint offer on Banco BPM which is already nearly 30% owned by Crédit Agricole and is the subject of a takeover project by his compatriot Monte dei Paschi.
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