UniCredit to pursue Banco BPM deal only on right terms, CEO says
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
UniCredit CEO Andrea Orcel states the bank will pursue Banco BPM acquisition only on favorable terms, while maintaining potential for standalone success.
MILAN (Reuters) - UniCredit will only proceed with a proposed buyout of rival Banco BPM at the right terms, and can easily return to a “very positive, if not extraordinary” standalone path, its chief executive Andrea Orcel said on Thursday.
(Reporting by Valentina Za, editing by Alvise Armellini)
The main topic is UniCredit's potential acquisition of Banco BPM under favorable terms as stated by CEO Andrea Orcel.
UniCredit will proceed with the Banco BPM acquisition only if the terms are favorable, according to CEO Andrea Orcel.
Andrea Orcel mentioned that UniCredit can return to a positive standalone path if the acquisition doesn't proceed.
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