UniCredits
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said. But instead of being able to choose the right moment, UniCredit…
(Fixes typo in headline) By Valentina Za and Christian Kraemer MILAN/BERLIN (Reuters) – Germany cranked up its opposition to UniCredit’s swoop on Commerzbank (ETR:) on Wednesday, while the Italian bank’s CEO said he would only pursue a takeover if it had broad shareholder backing and called for talks with the…
