Tag Archives: UniCredit

UniCredit attacks Italian government’s ‘illegitimate’ use of power over BPM bid  Financial Times Two visions of European finance clash at elite Italian banking gathering  politico.eu UniCredit to Take ‘Timely’ Steps on BPM After Court Decision  Bloomberg.com Court scraps some of Rome’s demands in UniCredit’s BPM bid, keeps Russia exit  CNBC UniCredit’s Russian Exit Dilemma: A Crossroads for European Banking  AInvest Source link

Earlier this year, Italy used foreign investment screening powers — or “golden power” — to impose harsh conditions on UniCredit’s bid for BPM. UniCredit appealed the decision claiming that the conditions are disproportionate and effectively prevent it from doing the deal. The court said on Saturday that the government should review two of the conditions imposed by Rome on UniCredit …