Unicredit-Banco Bpm, the government gives the green light with prescriptions to the offer

Using the so-called 'golden power', which makes it possible to block a market operation in the event of national interests

Conditional green light from the Council of Ministers to Unicredit's public exchange offer on Banco Bpm. But the government split during the meeting. The Forza Italia delegation states that it has “recorded the large reservations on the legal basis of Golden Power for the UniCredit ops on Bpm”. Among the requirements imposed on the bank led by Andrea Orcel, enforcing the golden power legislation, would be the offices and the scope of the possibl…

The CoM, called to express itself pursuant to the Golden Power legislation, considered it necessary to accompany the authorization with specific prescriptions aimed at preserving assets and functions considered strategic

Conditional green light from the Council of Ministers to Unicredit's public exchange offer on Banco Bpm. It was learned from sources at the end of the Council of Ministers. The delegation...

The government will not oppose Golden Power on the offer promoted by Unicredit

Cabinet gives conditional OK to UniCredit bid for BPM

The cabinet on Friday gave its conditional approval to UniCredit's all-share bid for Banco BPM. UniCredit, Italy's second biggest bank, launched a hostile bid for BPM, the third biggest, some months ago. (ANSA). (ANSA)