22 April 18:29
UniCredit may drop its €13 billion bid for Banco BPM due to conditions imposed by the Italian government, which affect the bank's decision-making capacity
Delia Niculescu
Economy
foto:shutterstock
UniCredit SpA is facing uncertainty over its €13 billion takeover bid for Banco BPM because of conditions set by Italy. Those requirements, including withdrawal from Russia and maintaining a stable loan-to-deposit ratio, could affect UniCredit's freedom of action. Banco BPM shares fell 2% amid these fears and UniCredit warned that if conditions are not satisfactory, it will withdraw the offer.
Sources
UniCredit ar putea renunţa la preluarea Banco BPM, o tranzacţie de 13 miliarde de euro / Guvernul italian impune o serie de condiţii, inclusiv ca UniCredit să plece din Rusia
UniCredit ar putea abandona tranzacția de 13 miliarde de euro cu Banco BPM: Ce a dus la această decizie
UniCredit ar putea renunța din cauza condițiilor impuse de statul italian la preluarea Banco BPM, pentru care oferă 13 miliarde de euro - Economica.net
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