Italian Bank Sondrio Rebuffs Takeover Offer From Rival BPER
The Italian lender Banca Popolare di Sondrio SpA has effectively rejected a takeover offer from rival BPER Banca as too low.
Retail Banker International on MSN2d
BPER Banca launches $4.4bn takeover bid of rival Banca Popolare di Sondrio
The acquisition would add approximately 900,000 customers, close to 400 branches, and around 4,000 employees to BPER Banca’s operations.
New Italy bank M&A may yet be more than a sideshow
Another day, another chunky Italian bank merger. On the face of it, Thursday’s decision by $9 billion BPER to lob in a $4.5 ...
Wall Street Journal5d
BPER Banca Joins Italy’s M&A Spree With $4.5 Billion Bid for Smaller Rival
BPER Banca launched ... to take over smaller rival Banca Popolare di Sondrio, the latest twist in a wave of consolidation that is sweeping through Italy’s crowded banking market.
Unipol-backed BPER joins Italy's M&A frenzy with $4.5 billion Pop Sondrio bid
Italy's fourth-largest bank BPER on Thursday joined in a raft of takeover bids rocking the country's financial sector, with a ...
Reuters5d
BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
BPER unveils 4.3 bln ... takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of merger proposals across Italy's banking industry. Popolare di Sondrio's ...
Investing5d
BPER Banca BPE launches bid to take over smaller rival Banca Popolare di Sondrio
Investing.com -- BPER Banca has ... takeover offer for Banca Popolare di Sondrio (BIT:BPSI) (BPSO), signaling another step in the ongoing consolidation of Italy’s banking sector.
Investing5d
Pop Sondrio says BPER bid not agreed as Italy M&A frenzy prompts Unipol to hasten tie-up
MILAN (Reuters) - BPER's bid for Banca Popolare di Sondrio (BIT:BPSI) was not previously agreed, a person close to the Italian bank said on Friday, after it became the latest takeover target in a ...