Banco BPM says it will appeal against suspension of UniCredit bid
Published by Global Banking & Finance Review®
Posted on May 23, 2025
1 min readLast updated: January 23, 2026

Published by Global Banking & Finance Review®
Posted on May 23, 2025
1 min readLast updated: January 23, 2026

Banco BPM plans to appeal Consob's suspension of UniCredit's takeover bid, which is impacting M&A activities in Italy's banking sector.
ROME (Reuters) - The Chief Executive of Banco BPM said on Friday the bank will appeal to an administrative court against a decision by bourse regulator Consob to suspend a takeover bid by Unicredit.
Giuseppe Castagna told daily Il Sole 24 Ore that the current stalemate was preventing Banco BPM from taking part in the intense M&A activity underway in Italy's banking sector.
(Reporting By Gavin Jones, editing by Alvise Armellini)
Banco BPM is appealing against a decision by bourse regulator Consob to suspend a takeover bid by UniCredit.
The CEO of Banco BPM is Giuseppe Castagna.
Giuseppe Castagna stated that the current stalemate is preventing Banco BPM from participating in the intense M&A activity underway in Italy's banking sector.
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