{"id":89999,"date":"2024-11-25T01:24:31","date_gmt":"2024-11-25T06:24:31","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89999"},"modified":"2024-11-25T01:42:23","modified_gmt":"2024-11-25T06:42:23","slug":"unicredit-offers-to-buy-rival-italian-lender-banco-bpm-for-10-5-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2024\/unicredit-offers-to-buy-rival-italian-lender-banco-bpm-for-10-5-billion.html","title":{"rendered":"UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion"},"content":{"rendered":"\n<p>(CNBC) Italian lender\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/\">UniCredit<\/a>\u00a0on Monday offered to snap up its domestic rival\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BAMI-IT\/\">Banco BPM<\/a>\u00a0for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/CBK-FF\/\">Commerzbank<\/a>. The move would, if completed, merge two of Italy\u2019s largest lenders. UniCredit said in a statement early Monday that it is offering 6.657 euros for each share.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/25\/unicredit-offers-to-buy-rival-italian-lender-banco-bpm-for-10point5-billion.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Italian lender\u00a0UniCredit\u00a0on Monday offered to snap up its domestic rival\u00a0Banco BPM\u00a0for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank\u00a0Commerzbank. The move would, if completed, merge two of Italy\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89999","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89999"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89999\/revisions"}],"predecessor-version":[{"id":90000,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89999\/revisions\/90000"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}