Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleEU antitrust regulators will decide on Unicredit's bid for Banco BPM by June 4. The offer was rejected as too low, and further investigation may occur.
BRUSSELS (Reuters) -EU antitrust regulators will rule on Italian bank UniCredit's takeover bid for its smaller rival Banco BPM by June 4, according to a filing on the European Commission website.
UniCredit's offer, which runs until June 23, has already been rejected by Banco BPM as too low.
The EU competition watchdog can approve the bid with or without remedies at the end of its preliminary review or it can open a four-month-long investigation if it has serious concerns.
The Italian government has used its 'golden power' to impose conditions on the deal.
(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)
The EU antitrust regulators will rule on UniCredit's takeover bid for Banco BPM by June 4.
Banco BPM has rejected UniCredit's offer as too low.
The EU competition watchdog can approve the bid with or without remedies or open a four-month-long investigation if it has serious concerns.
The Italian government has used its 'golden power' to impose conditions on the deal.
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