Italian Bank Sondrio Rebuffs Takeover Offer From Rival BPER
The Italian lender Banca Popolare di Sondrio SpA has effectively rejected a takeover offer from rival BPER Banca as too low.
BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
By Andrea Mandala and Valentina Za MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) ...
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Popolare Sondrio criticizes Bper's takeover bid: it is insufficient on an industrial and financial level
Banca Popolare di Sondrio is moving forward alone, convinced that it has better "growth prospects" in a stand-alone path ...
Italy’s BPER Bank Weighs First Significant Risk Transfer as Deals Get More Popular
A relatively small Italian bank is considering selling its first significant risk transfer, demonstrating how the deals are ...
BPER Banca Joins Italy’s M&A Spree With $4.5 Billion Bid for Smaller Rival
The lender said that it was offering €9.527 for each Banca Popolare di Sondrio share, representing a 6.6% premium on ...
Pop Sondrio Says BPER Bid Not Agreed as Italy M&A Frenzy Prompts Unipol to Hasten Tie-Up
The latest unsolicited bid in Italian banking follows similar moves by UniCredit on Banco BPM and state-backed Monte dei ...
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 ...
Why bank investors are standing up to ‘knockout’ bids
The logic for consolidation is straightforward: Europe doesn’t have enough banks with the scale to compete with the US and facilitate investment in essential projects such as the climate transition.
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Banking risk, another blow: Bper launches a takeover bid on Popolare di Sondrio for 4,3 billion euros with a premium of 6,6%
New twists in the game of risk that is animating the Italian banking panorama. Modena-based Bper has launched a voluntary ...
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BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
BPER unveils 4.3 bln euro all-share offer for Pop Sondrio Unipol is main shareholder in BPER and Pop Sondrio Move prompted by round of M&A in sector, BPER says MILAN, Feb 7 (Reuters) - BPER Banca ...
Wall Street Journal5d
BPER Banca Joins Italy’s M&A Spree With $4.5 Billion Bid for Smaller Rival
BPER Banca launched an all-share bid of roughly 4.3 billion euros ($4.47 billion) to take over smaller rival Banca Popolare di Sondrio, the latest twist in a wave of consolidation that is sweeping ...
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BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of ...