Unipol gets ECB, Bank of Italy nod for de facto control of BPER Banca
09/10/2026 19:10
Unipol gets ECB, Bank of Italy nod for de facto control of BPER Banca Oct 9 (Reuters) - Italian insurer Unipol UNPI.MI said on Friday the European Central Bank and the Bank of Italy had granted it authorisations to exceed 20% of BPER Banca EMII.MI and thereby acquire de facto control of Italy's fifth-largest bank.
Unipol aims to hold more than 30% of a future banking group combining BPER Banca and assets carved out of Monte dei Paschi di Siena (MPS) BMPS.MI, with scope to increase that stake over time, its chief executive said in August.
(Reporting by Kanjyik Ghosh in Barcelona; Editing by Chris Reese)
Recent news on Banca Monte dei Paschi di Siena SpA
See all newsBrief: Credit Agricole: boardroom view of Banco BPM shows merits of Credit Agricole's merger proposal
Brief: Corrected - Unipol sees negative impact of Italian budget law on company of €40-50 mln in 2027
Brief: Unipol sees negative impact of Italian budget law on company of €80-90 mln in 2027, CEO says
Generali's nine-month profit up despite €1.5 billion disaster hit (updated)
Brief: Generali is very happy as Banca Generali shareholder, CFO says