Posted By Global Banking and Finance Review
Posted on May 23, 2025
ROME (Reuters) -Italian bank UniCredit has appealed to an administrative court against the "golden power" terms the Italian government has imposed regarding its bid for smaller peer Banco BPM, newspaper la Repubblica reported on Friday.
The newspaper did not give its sources for the report, and also said the bank did not confirm the reported move.
(Writing by Gavin Jones, editing by Alvise Armellini)