Published

UniCredit launches surprise €10 billion bid for Banco BPM

  • UniCredit has made a surprise all-share offer valued at €10 billion for Banco BPM, enhancing its position in European banking.
  • The offer, independent of UniCredit's talks with Commerzbank, aims to strengthen its operations in Italy.
  • Completion of the deal could merge two of Italy's largest lenders and possibly improve UniCredit's earnings per share in the following years.
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