Fundz

UniCredit to acquire Banco BPM amid conditions

PRIVATEApr 19, 2025

Acquiring Company

UniCredit

Acquired Company

Banco BPM

MilanFinancial ServicesFinanceLendingBanking

Description

UniCredit has launched a €13 billion takeover bid for Banco BPM. The Italian government has approved the acquisition with certain conditions to safeguard strategic interests and national security. UniCredit is assessing the impact of these prescriptions on the transaction. The deal aims to reshape the banking landscape in Italy.

Quick answer

UniCredit is acquiring Banco BPM, announced April 19, 2025.

How much did UniCredit pay for Banco BPM?
The deal value was not disclosed.
Where are UniCredit and Banco BPM based?
Banco BPM is based in Milan, Lombardy, Italy.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Finance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

UniCredit

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Frequently asked

Who acquired Banco BPM?

Banco BPM was acquired by UniCredit. The deal was reported on April 19, 2025. UniCredit is privately held.

When did UniCredit acquire Banco BPM?

UniCredit's acquisition of Banco BPM was reported on April 19, 2025. UniCredit has launched a €13 billion takeover bid for Banco BPM. The Italian government has approved the acquisition with certain conditions to safeguard strategic interests and national security. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Banco BPM do?

The Banco BPM Group is the result of the merger between two major banks: Banco Popolare and Banca Popolare di Milano. It is privately held, operating in Financial Services, and is based in Milan.

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