French lender’s stake-building comes in wake of €10.1bn takeover offer from Andrea Orcel’s bank

Crédit Agricole al 15% di Banco Bpm: il risiko dopo l’offerta Unicredit (e l’ipotesi di salire al 19,9%)

Corriere Della Sera

Italy

Crédit Agricole at 15% of Banco Bpm: the risk after the Unicredit offer (and the hypothesis of rising to 19.9%)

Crédit Agricole “has notified the Italian authorities and Banco BPM (...) that derivative instruments representing 5.2% of the capital of Banco BPM have been concluded”.

Crédit Agricole «a notifié les autorités italiennes et Banco BPM (...) que des instruments dérivés portant sur 5,2% du capital de Banco BPM ont été conclus».

Crédit Agricole conclut un accord pour monter à 15% du capital de l’italien Banco BPM

Media Bias/Fact Check

Le Figaro

Dassault Group

Paris

Île-de-France

France

Crédit Agricole reaches an agreement to increase the capital of Italian Banco BPM to 15%

The French bank has requested authorization to reach 19.9% but excludes a takeover bid for now. A first response to Unicredit, which launched the OPS precisely because they feared the strengthening of the French.

La banca francese ha chiesto l’autorizzazione ad arrivare al 19,9% ma esclude per ora un’Opa. UnA prima risposta ad Unicredit che aveva lanciato l’Ops proprio temendo il rafforzamento dei francesi

Crédit Agricole sale al 15,1% di Banco Bpm e punta il 20%

La Repubblica

Agnelli family

Turin

Metropolitan City of Turin

Piedmont

Crédit Agricole rises to 15.1% of Banco Bpm and targets 20%

Crédit Agricole rises to 15.1% of Banco Bpm. According to press rumors, confirmed to ANSA by qualified Banco Bpm sources, the CEO of the French bank, Philippe Brassac, has announced the increase in shares to the Bank's number one, Giuseppe Castagna, in the last few hours.

Crédit Agricole sale al 15,1% di Banco Bpm. Secondo indiscrezioni di stampa, confermate all'ANSA da fonti qualificate del Banco Bpm, l'amministratore delegato della banca francese, Philippe Brassac, nelle ultime ore avrebbe comunicato al numero uno del Banco, Giuseppe Castagna, l'incremento delle quota.

Credit Agricole sale al 15% di Banco Bpm

Quotidiano Nazionale

Credit Agricole rises to 15% of Banco Bpm

The bank concluded the subscription of financial instruments to buy 5.2% by asking the supervisory authority for authorization to increase its shareholding to the capital up to 19.99%. No to the Opa

La banca ha concluso la sottoscrizione di strumenti finanziari per acquistare il 5,2% chiedendo all'autorità di vigilanza l'autorizzazione ad aumentare la propria partecipazione nel capitale fino al 19,99%. No all’Opa

Cairo Communication

Mediobanca

Diego Della Valle

France's second-biggest bank Credit Agricole has upped its stake in Banco BPM by 5.2% to 15.1% and plans to raise it to 19.99% after an all-share hostile takeover bid for Italy's third-biggest bank by the second-biggest, UniCredit. (ANSA)

ANSA

Credit Agricole ups Banco BPM stake amid UniCredit bid

Move by the French group Crédit Agricole in the chess game to conquer Banco Bpm. The transalpine bank has increased its shareholding from 9.2% to 15% and will request authorization to increase to 19.9%. He has stated that he does not intend to launch a takeover bid. On Banco Bpm, Unicredit launched a public exchange offer (essentially an acquisition attempt) considered “hostile” by the recipients. The CEO of Unicredit Andrea Orcel is trying to c…

Mossa del gruppo francese Crédit Agricole nella partita a scacchi per la conquista di Banco Bpm. La banca transalpine ha rafforzato la sua partecipazione dal 9,2% al 15% e chiederà l’autorizzazione per salire fino al 19,9%.  Ha affermato che non intende lanciare un’offerta pubblica di acquisto.  Su Banco Bpm è stata lanciata da Unicredit un’offerta pubblica di scambio (in sostanza un tentativo di acquisizione) ritenuta “ostile” dai destinatari. …

Mossa di Credit Agricole nella partita su Banco Bpm, partecipazione alzata dal 9 al 15%, punta al 19,9%

Il Fatto Quotidiano

Rome

Metropolitan City of Rome

Lazio

Credit Agricole's move in the Banco Bpm game, participation raised from 9 to 15%, aims at 19.9%

By Valentina Za MILAN (Reuters) -UniCredit is ready to sit down with Credit Agricole, a spokesperson for the Italian bank said in a LinkedIn post after the French lender increased its potential stake in Unicredit’s takeover target Banco BPM. UniCredit’s bid for its smaller peer prompted Credit Agricole to say on Friday it had entered derivatives that would raise its stake in BPM to 15% from 9.9% once the European Central Bank gives its green lig…

All Sides

WTVB

Midwest Communications

UniCredit says ready to sit down with Credit Agricole over Banco BPM

French banking group Credit Agricole (CRARF) had the informal backing of Italy’s government before announcing it would raise its stake in Banco BPM (BNCZF), Reu

Crédit Agricole lifts stake in Italy’s Banco BPM in blow to UniCredit bid

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