Deal overview

Deal overview
Target BANCO BPM SPA
Bidder UNICREDIT SPA
Price £110.00 Full version or £25.00 Light version
Publication Date Nov 25, 2024
Abstract On 25 November 2024, the quoted Italian bank UniCredit S.p.A. ("UniCredit") announced an unsolicited public exchange offer for all ordinary shares of its competitor Banco BPM SpA ("Banco BPM"). UniCredit offered 0.175 newly issued shares for each Banco BPM share, implying an offer price of €6.657 per share. The terms valued 100% of Banco BPM's equity at approximately €10 ...
Number of pages (Full version) 11
Number of pages (Light version) 2
Format Adobe Acrobat (Download Acrobat Reader)
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