Streetbeat News

BNCZF

Banco BPM S.p.A

http://www.bancobpmspa.it/

CEO

Giuseppe Castagna

Industry

Commercial Banking

Open

5.57

Mkt cap

14B

Volume

High

9.20

P/E Ratio

6.57

52-wk high

10.35

Low

5.57

Div yield

0.10

52-wk low

5.57

Credit Agricole may increase its stake in Banco BPM to above 15% within the next six months, but will not seek control or exceed a 19.99% stake, according to a recent filing.

Portfolio Pulse from

December 09, 2024 | 6:00 pm

Credit Agricole is increasing its stake in Banco BPM from 9.9% to 15.1% through derivatives, with plans to potentially acquire up to 19.99%.

Portfolio Pulse from

December 06, 2024 | 7:00 pm

UniCredit has until March to decide on improving its takeover bid for Banco BPM, as stated by CEO Andrea Orcel during an investor call.

Portfolio Pulse from

December 04, 2024 | 6:00 pm

UniCredit's bid for Banco BPM has raised concerns from the banking sector's main union regarding potential impacts on jobs.

Portfolio Pulse from

November 28, 2024 | 10:15 am

Banco BPM has rejected UniCredit's $10.5 billion takeover offer, stating it does not reflect its profitability and could impact its legal autonomy.

Portfolio Pulse from

November 26, 2024 | 12:15 pm

Credit Agricole has not sought ECB approval to increase its stake in Banco BPM beyond 9.9%, according to a spokesperson.

Portfolio Pulse from

November 26, 2024 | 9:15 am

UniCredit has made a surprise hostile bid for Italy's Banco BPM, as reported by a board member of Banco BPM to ANSA. This move could have significant implications for both banks.

Portfolio Pulse from

November 26, 2024 | 9:00 am

Italian politicians, including Economy Minister Giancarlo Giorgetti, are concerned about UniCredit's plans to take over Banco BPM. Italy may use its golden power legislation to protect strategic assets.

Portfolio Pulse from

November 25, 2024 | 3:00 pm

UniCredit has made a $10.5 billion offer to acquire Banco BPM, potentially merging two of Italy's largest banks.

Portfolio Pulse from

November 25, 2024 | 7:00 am

Italy's UniCredit has made an offer to acquire Banco BPM in a stock deal valued at approximately $10.57 billion.

Portfolio Pulse from

November 25, 2024 | 5:45 am

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