UniCredit, Italy's second largest bank, offered to buy smaller peer BPM in November in an all-stock deal valued at 10.1 billion euros ($11.81 billion) at the time. BPM has continuously rebuffed the ...

Italy's stock-market regulator CONSOB said Tuesday that it has suspended UniCredit's bid to take over rival lender Banco BPM for 30 days. CONSOB said it was impossible for shareholders to make an ...

The EUR/GBP cross edges higher to near 0.8675 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) is expected ...

Italy's UniCredit withdrew its takeover bid for smaller rival Banco BPM on Tuesday, blaming government intervention for ...

UniCredit on Tuesday said it was withdrawing its 14.6 billion euro ($17 billion) all-share bid for Banco BPM .

The withdrawal comes after Italian lender UniCredit ( OTCPK:UNCFF) offered to acquire smaller local rival Banco BP M ( ...