UniCredit halts offer for Banco BPM due to Italian government conditions

From Yahoo Finance: 2025-04-24 10:43:00

UniCredit has halted its public exchange offer for Banco BPM due to constraints imposed by the Italian government, including conditions related to the merged entity’s future operations and UniCredit’s business in Russia. The bank expressed concerns about potential restrictions on its operational freedom and compliance issues. UniCredit is awaiting further feedback before making a decision.

Read more: UniCredit pauses Banco BPM offer over Italian government conditions