Italy court rejects Banco BPM's appeal against UniCredit bid suspension
Published by Global Banking & Finance Review®
Posted on June 12, 2025
1 min readLast updated: January 23, 2026

Published by Global Banking & Finance Review®
Posted on June 12, 2025
1 min readLast updated: January 23, 2026

An Italian court rejected Banco BPM's appeal against the suspension of UniCredit's takeover bid, citing regulatory conditions affecting BPM's operations.
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)
An Italian court rejected Banco BPM's appeal against the suspension of its takeover offer by UniCredit.
The suspension was secured by UniCredit due to difficulties arising from government-set conditions.
Banco BPM argued that the suspension limited its decision-making abilities and harmed its shareholders.
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