How a failed Italian bank merger exposed the EU’s struggle to enforce its economic vision
Unicredit's bid for crosstown rival BPM fell foul of a nationalist Italian agenda to maintain influence on the country's banking sector.
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4 months ago
UniCredit withdraws offer for rival BPM after opposition from Meloni’s government
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a story from Financial Times ✅ › Financial Times
Italian lender says it was unable to meet conditions imposed by Rome that have been criticised by Brussels
Brussels goes head-to-head with Rome over Italian bank mergers
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a story from Politico EU ✅ › Politico EU
The European Commission cries foul over Italy's use of national security rules to effectively block UniCredit's bid for BPM.
Court scraps some of Rome's demands in UniCredit's BPM bid, keeps Russia exit
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a story from CNBC ⚠️ › World News
An Italian court has scrapped some of the conditions Rome had set to clear UniCredit's takeover bid for Banco BPM, except a request over its Russian operations.
Italian court confirms UniCredit must exit Russia to complete BPM takeover
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a story from Financial Times ✅ › Financial Times
Ruling is blow to chief executive Andrea Orcel, but Meloni’s government defeated on other conditions it demanded
Italian court hands Meloni partial victory in UniCredit banking merger battle
The future of UniCredit's controversial takeover bid of BPM remains in doubt after the ruling.
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