Banco BPM CEO Castagna on UniCredit, Anima

Banco BPM Raises Takeover Offer for Asset Manager Anima
Banco BPM SpA raised its bid for asset manager Anima Holding SpA, indicating that the Italy’s third-largest bank is determined to win over investors as it seeks to defend from the takeover attempt of UniCredit SpA.
UniCredit's takeover target Banco BPM ups investor rewards, price of Anima bid
Italy's Banco BPM on Wednesday upped targeted profits and payouts for investors through 2027 as it reported strong 2024 results, in an effort to fend off an unsolicited bid from bigger rival UniCredit.
UniCredit threatens to drop Banco BPM takeover offer if Anima bid cost rises
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.
UniCredit threatens to walk away from Banco BPM deal
BPM chief executive Giuseppe Castagna lashed out against the latest move by UniCredit in a television interview, labelling Monday’s announcement “very dangerous” and an attempt to influence the shareholder vote.
Banco BPM Raises Targets, Sweetens Bid for Anima
The lender lifted its offer for asset manager Anima as it outlined higher midterm targets and seeks to defend itself from an unsolicited UniCredit takeover approach.
UniCredit says Banco BPM offer at risk if Anima bid cost rises
UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a more costly bid for fund manager Anima Holding. BPM last week proposed to pay more for Anima Holding,
Banco BPM reassures about capital in tit-for-tat with UniCredit
Banco BPM on Tuesday rebuffed concerns raised by suitor UniCredit about its capital reserves, and said it trusted it would be able to apply favourable capital rules to its proposed purchase of fund manager Anima Holding.
BPER Is Open to Starting Talks with Sondrio: Italy Bank Update
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which ...
Banco BPM to Meet Investors in Paris, Milan: Italy Bank Update
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...
New Italy bank M&A may yet be more than a sideshow
Another day, another chunky Italian bank merger. On the face of it, Thursday’s decision by $9 billion BPER to lob in a $4.5 ...
Factbox-Key shareholders in Italy's banking battles
Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca, in the latest surprise twist of a complex Italian ...