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    Home > Headlines > Italy court rejects Banco BPM's appeal against UniCredit bid suspension
    Headlines

    Italy court rejects Banco BPM's appeal against UniCredit bid suspension

    Published by Global Banking & Finance Review®

    Posted on June 12, 2025

    1 min read

    Last updated: January 23, 2026

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    Tags:equitycorporate governancefinancial markets

    Quick Summary

    An Italian court rejected Banco BPM's appeal against the suspension of UniCredit's takeover bid, citing regulatory conditions affecting BPM's operations.

    Italian Court Dismisses Banco BPM's Challenge to UniCredit Bid Halt

    ROME (Reuters) -An Italian court on Thursday rejected an appeal by Banco BPM which had challenged the suspension of a takeover offer it faces by rival UniCredit, the court's website showed.

    UniCredit secured a one-month suspension of its offer for BPM by the country's markets regulator after the bid ran into difficulties due to government-set conditions.

    BPM had sought to have the suspension scrapped, saying it limited the bank's decision-making abilities and damaged its shareholders.

    (Reporting by Valentina Za, editing by Gavin Jones)

    Key Takeaways

    • •Italian court rejects Banco BPM's appeal.
    • •UniCredit's bid faces a one-month suspension.
    • •Suspension imposed by the market regulator.
    • •BPM claims suspension affects decision-making.
    • •Shareholders potentially impacted by the decision.

    Frequently Asked Questions about Italy court rejects Banco BPM's appeal against UniCredit bid suspension

    1What was the outcome of Banco BPM's appeal?

    An Italian court rejected Banco BPM's appeal against the suspension of its takeover offer by UniCredit.

    2Why was the takeover offer suspended?

    The suspension was secured by UniCredit due to difficulties arising from government-set conditions.

    3What reasons did Banco BPM provide for challenging the suspension?

    Banco BPM argued that the suspension limited its decision-making abilities and harmed its shareholders.

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