Reported 1 day ago
UniCredit announced that it has moved up the shareholder vote for its takeover bid of Banco BPM to March 27, from the previously scheduled April 10. The Italian bank intends to issue up to 278 million new shares to fund the 10 billion euro all-share offer, which now values Banco BPM shares at 8.36 euros each, compared to BPM's closing price of 9.04 euros.
Source: YAHOO