Shares in Banco BPM rise on report of joint Credit Agricole-UniCredit interest
25/09/2026 08:02
Shares in Banco BPM rise on report of joint Credit Agricole-UniCredit interest MILAN, Sept 25 (Reuters) - Shares in Banco BPM BAMI.MI rose 2.3% on Friday, slightly outperforming the sector, lifted by the prospect of joint interest for the Italian bank by bigger rival UniCredit CRDI.MI and France's Credit Agricole CAGR.PA.
Sources told Reuters on Thursday that UniCredit and Credit Agricole had floated the idea of a potential coordinated move on BPM in recent conversations with Italian authorities among a number of M&A scenarios they are both examining.
(Reporting by Valentina Za, editing by Giulia Segreti)
((valentina.za@thomsonreuters.com; +39 02 6612 9526;))
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