UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was a counter offer by UniCredit after BPM’s bid to buy Anima for €1bn – to boost its asset management fee income amid falling interest rates.
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February 18, 2025 - 16:05
UniCredit threatens to drop Banco BPM takeover offer if Anima bid cost rises
By Pharos Investment Advisors Comments are Off
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