Orcel’s Unapologetic Hunt for Bank Deals Will Shape His Legacy
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Orcel Sees Lower Commerzbank Chances, Focuses on New Target
UniCredit SpA Chief Executive Officer Andrea Orcel, turning to a fresh takeover target, said that the probability of him ...
Andrea Orcel’s journey from foreign predator to domestic consolidator
Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea ...
Orcel’s Next Battle Shapes Up as Banco BPM Rejects UniCredit Bid
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover offer wasn’t agreed in advance, is too ...
UniCredit’s Orcel is just working the angles on European bank mergers
That sort of maths only holds if UniCredit’s shareholders support Orcel’s strategy. Given the uncertainty around his plans, ...
JP Morgan: UniCredit's Orcel 'hedging himself a bit' on Banco BPM, Commerzbank bids
Kian Abouhossein, head of European bank equity research and global IB coverage at JP Morgan, discusses UniCredit's bid to buy ...
bankingdive11h
BPM spurns UniCredit’s takeover bid
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
Italian bank M&A circus risks sidelining investors
Andrea Orcel’s 10-billion-euro offer for Banco BPM on Monday could trigger a wave of possible countermoves from rivals within ...
UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
European Stocks off Two-Week Highs as Energy Stocks Weigh
(Reuters) - Europe's main stock index opened at a two-week high on Monday, boosted by U.S. President-elect Donald Trump's ...
KFGO1d
Banco BPM’s board meets to start discussing UniCredit’s takeover bid
Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover ...
UniCredit’s Domestic Deal Won’t End Commerzbank Ambitions
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...