Sections

BPM complains to Antitrust over UniCredit takeover bid

Lender seeks to defend itself from 'killer acquisition'

Redazione Ansa

(ANSA) - ROME, JAN 8 - Banco BPM filed a complaint with the country's Antitrust Authority before the end of last year against UniCredit's bid to take it over, financial-sector sources said on Wednesday.
    In the complaint, Italy's third-biggest lender described the takeover bid as a 'killer acquisition', aimed at eliminating a competitor and hampering its operations in a period of major dynamism featuring a takeover bid for Anima and the purchase of 5% of Mps.
    The move follows a complaint to stock-market regulator Consob in which the BPM asked for UniCredit's bid to be blocked. (ANSA).
   

Leggi l'articolo completo su ANSA.it