Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
UniCredit will decide on its buyout bid for Banco BPM by end-June. The tender offer, subject to conditions, is set to launch on April 28.
MILAN (Reuters) - UniCredit will continue to evaluate in the coming months whether to proceed with its proposed buyout bid for Banco BPM, and any decision would be taken only towards the end of June, a person close to the Italian bank said.
"The bank will decide whether or not to continue with the transaction in line with the terms of its offer," the person said. "No decision, if any, will made before the end of June."
UniCredit is preparing to launch on April 28 its tender offer, which is subject to conditions that would allow it to drop it as Banco BPM changed the terms of its proposed acquisition of fund manager Anima Holding.
(Reporting by Valentina Za, editing by Gianluca Semeraro)
The article discusses UniCredit's potential buyout bid for Banco BPM and the decision timeline.
UniCredit will decide on the Banco BPM offer by the end of June.
Changes in Banco BPM's acquisition terms for Anima Holding could impact UniCredit's decision.
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