The chief executive of UniCredit said in a newspaper interview on Friday the Italian bank was likely to withdraw its offer ...

UniCredit’s CEO, Andrea Orcel, is currently leading the negotiations. On Wednesday, UniCredit obtained a 30-day suspension of its tender offer for Banco BPM from the market regulator Consob.

UniCredit's exceptional performance under CEO Andrea Orcel has led to a 14-year high in share price, outperforming the S&P 500 by 14 times. The bank's Q1 2025 results show a 3.20% increase in net ...

UniCredit also gained the ECB’s approval to increase its stake in Germany’s Commerzbank to 29.9%, which is seen by many as an attempt for a potential takeover.

The Italian government will allow UniCredit SpA’s takeover bid for Banco BPM SpA to move forward, provided some conditions are fulfilled.. Following an in-depth review, Prime Minister Giorgia ...

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 ...

UniCredit SpA Chief Executive Officer Andrea Orcel indicated he’s open to sweetening the takeover bid he has made for domestic rival Banco BPM SpA. Bloomberg Published 21 Jan 2025, 04:13 PM IST ...

UniCredit holds 9.5 per cent of its stake in Commerzbank directly, but has been hamstrung by rules that prevent it from increasing its holding beyond 9.9 per cent without consent from European ...

UniCredit UCG0.79%increase; green up pointing triangle made a $10 billion-plus move on smaller Italian peer Banco BPM BAMI 0.20%increase; green up pointing triangle, shifting its focus away from ...

UniCredit UCG 0.79 % increase; green up pointing triangle raised its earnings outlook for the year after reporting a third-quarter net profit increase that exceeded expectations.

UniCredit investors have enjoyed a 230 per cent share price increase since Orcel’s arrival. The bank has committed to returning €8.6bn, its entire 2023 profit pool, to investors in the form of ...

UniCredit said: “The [German] government ran a fully transparent auction process for the sale of its stake . . . in which we were invited to participate.” Orcel ...