Brief: Banco BPM's Board Deems UniCredit's Takeover Bid Offer Price Inadequate, Unsatisfactory for Its Shareholders

Anima Holding SpA

24/04/2025 16:47

April 24 (Reuters) - Banco BPM SpA BAMI.MI:

BOARD DEEMS UNICREDIT'S TAKEOVER BID OFFER PRICE INADEQUATE

CONSIDERATION UNSATISFACTORY FOR BBPM SHAREHOLDERS, DOES NOT RECOGNISE REAL VALUE OF BANK'S SHARES

OFFER CONSIDERATION DAMAGES BPM SHAREHOLDERS COMPARED TO UNICREDIT SHAREHOLDERS

COMBINATION WITH UNICREDIT, CONSEQUENT ACHIEVEMENT OF STRATEGIC OBJECTIVES OF BID ARE SUBJECT TO RISKS, UNCERTAINTY

UNICREDIT'S OFFER HAS ELEMENTS OF UNCERTAINTY OVER ANIMA HOLDING'S ROLE POST-INTEGRATION

Further company coverage: BAMI.MI

 (Gdansk Newsroom)

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