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Banco BPM receives official confirmation for Anima acquisition from Italian government

Banco BPM receives official confirmation for Anima acquisition from Italian government

01/21/25, 9:41 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IT.svgmilano
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Banco BPM has received official confirmation that the Italian government won't block its planned acquisition of asset manager Anima through the use of its “golden power” mechanism. This brings the acquisition deal closer to completion, following the clearance in December by the Italian antitrust authority. However, challenges remain, particularly in obtaining authorization from the European Central Bank regarding the treatment in terms of capital requirements applicable to Anima following the acquisition.

Company Info

Company
Banco BPM
Location
Milano, Italy
Company info
The Banco BPM Group is the result of the merger between two major banks: Banco Popolare and Banca Popolare di Milano. The experience gained by both these banks enables us to offer state-of-the-art solutions to individuals and businesses, thanks to a widespread distribution network and an increasingly innovative multi-channel approach.

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Mon, 25 Nov 2024 08:00:00 GMT

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Wed, 12 Feb 2025 08:00:00 GMT

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Thu, 07 Nov 2024 08:00:00 GMT

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Tue, 26 Nov 2024 08:00:00 GMT

Banco BPM rebuffs UniCredit bid, saying it undervalues bank - Reuters

Wed, 06 Nov 2024 08:00:00 GMT

Italy's Banco BPM launches $1.7 bln bid for asset manager Anima - Reuters

Thu, 14 Nov 2024 08:00:00 GMT

Italy takes step towards possible bank M&A with Monte Paschi stake sale - Reuters

Fri, 08 Nov 2024 08:00:00 GMT

Italy's Anima names Goldman as adviser to assess Banco BPM bid - Reuters

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