{ }
001122334455554433221100
001122334455554433221100

uniCredit supports ceo critic in generali board election amid tensions

UniCredit has expressed support for a CEO critic in the upcoming Generali board vote, as shareholders convened in Trieste to elect a new board for a three-year term. This vote highlights ongoing tensions between management and key investors, including Mediobanca SpA, Generali’s largest shareholder, and the families of the late Leonardo Del Vecchio and Caltagirone, the second- and third-largest shareholders, respectively.

UniCredit supports CEO critic in Generali board election amid shareholder tensions

UniCredit is supporting a CEO critic in the upcoming Generali board vote, as shareholders convened in Trieste to elect a new board for a three-year term. This vote highlights ongoing tensions between management and key investors, including Mediobanca SpA and the families of the late Leonardo Del Vecchio and Caltagirone.

unicredit faces hurdles in banco bpm bid due to government conditions

UniCredit has expressed concerns that the Italian government's conditions for its €13 billion bid for Banco BPM could hinder its decision-making ability, potentially leading to the abandonment of the offer. The government has imposed restrictions, including a nine-month timeline to exit Russia and maintaining certain financial ratios, which UniCredit argues may limit its operational freedom. As uncertainty grows, Banco BPM's shares have declined, while UniCredit awaits feedback on its response to the government's decree before making a final decision on the bid.

uniCredit raises concerns over italian government's conditions for banco bpm bid

UniCredit has expressed concerns that the Italian government's conditions for its €14bn bid for Banco BPM could hinder its decision-making capabilities. The bank is awaiting feedback on these conditions, which include a nine-month deadline to cease activities in Russia and restrictions on its loan-to-deposit ratio. Meanwhile, Banco BPM's shares fell 2.5%, while Commerzbank's shares rose amid ongoing takeover discussions.

uniCredit raises concerns over government conditions for banco BPM bid

UniCredit has expressed concerns that the Italian government's conditions for its €14 billion bid for Banco BPM could hinder its decision-making capabilities. The bank is awaiting feedback on these conditions, which include a nine-month deadline to cease activities in Russia and restrictions on its loan-to-deposit ratio. Until it receives clarity, UniCredit cannot proceed with its offer, which Banco BPM has deemed hostile.

uniCredit bid for Banco BPM faces hurdles from Italian government conditions

UniCredit's €10bn bid for Banco BPM is in limbo after the Italian government imposed conditions under its golden power rules, complicating CEO Andrea Orcel's plans. The restrictions affect credit activities, asset management, and operations in Russia, raising concerns about their alignment with EU law. This move comes amid a wave of consolidation in Italy's banking sector and has stalled UniCredit's dealmaking ambitions.

unicredit faces hurdles in banco bpm bid due to government conditions

UniCredit's bid for Banco BPM faces significant hurdles after the Italian government imposed conditions, including a nine-month deadline to cease Russian operations. The bank expressed concerns that these stipulations could impair its decision-making, leading to a 2% drop in BPM shares, while Commerzbank's shares rose amid ongoing takeover discussions. UniCredit's CEO has indicated a willingness to abandon the bid if it does not align with financial metrics, as the market values BPM higher than the offer.

uniCredit raises concerns over government conditions for banco bpm bid

UniCredit has expressed concerns that the Italian government's conditions for its €13 billion bid for Banco BPM could impair its decision-making ability, potentially halting the offer. Despite the strategic fit, CEO Andrea Orcel indicated he might withdraw if financial metrics are not met. Meanwhile, Banco BPM's shares fell 2%, while Commerzbank's shares rose amid ongoing takeover discussions.

Deutsche Bank upgrades Banca MPS to buy with target price of EUR8.60

Deutsche Bank has upgraded Banca Monte dei Paschi di Siena SpA (BMPS:IM) from Hold to Buy, raising the price target from EUR7.50 to EUR8.60. Analyst Giovanni Razzoli noted that despite a recent recovery, MPS still trades at a 15% discount to peers, but potential benefits from a tender offer for Mediobanca could enhance MPS's earnings and dividends, justifying the upgrade.

global mergers and acquisitions face challenges amid rising activist campaigns and geopolitical tensions

Last year saw a 30% increase in global separation announcements, with over half occurring outside the US, particularly in Europe. Activist investors are intensifying their campaigns, pressuring companies like BP and Honeywell to restructure, while European firms are consolidating amid geopolitical tensions and a need to compete with stronger US rivals. Despite an 8% drop in global M&A volume this year, optimism remains, with expectations of a 10-15% rise driven by corporate activity later in the year.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.