Italy takes step towards possible bank M&A with Monte Paschi …
13 hours ago · Govt placed 15% of bailed-out MPS for 1.1 bln euros Rival Banco BPM took 5%, fund manager Anima 3% Banco BPM has bid to buy Anima - also an MPS partner Italy spent 7 bln euros on MPS, has cashed ...
New Italy Banking Force Begins to Emerge From Monte Paschi Deal
13 hours ago · A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in rival Banca Monte dei Paschi di Siena SpA. Banco BPM on Wednesday snapped ...
Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
1 day ago · The 15% stake sold by Rome in Paschi went to Banco BPM SpA, which got 5%, and Anima Holding SpA with 3%, according to statements from the firms. Caltagirone Group bought 3.5% and so did the family ...
Banco BPM, Anima Buy Into Banca Monte Dei Paschi as Italian …
18 hours ago · The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15%, in a transaction that raised 1.09 billion euros ($1.16 billion) and allowed peers Banco BPM BAMI 3.40% and ...
Banco BPM Buys 5% of Monte Paschi as Italy Cuts Stake
1 day ago · 1:29. Italy’s government said Wednesday that it sold a stake of 15% in Banca Monte dei Paschi di Siena SpA via a placement for about €1.1 billion. Milan-based lender Banco BPM SpA bought 5% of ...
Banco BPM Is Likely a Buyer in Italy’s Newest Paschi Stake Sale
1 day ago · Banco BPM SpA will likely be among the buyers of a stake in lender Banca Monte dei Paschi di Siena SpA that’s being sold by Italy’s government, people familiar with the matter said.
Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi …
1 day ago · Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , bringing on board rival Banco BPM as a shareholder in the Tuscan lender.
Italy's Banco BPM bids for asset manager Anima, boosting shares …
Nov 7, 2024 · Banco BPM is Anima's biggest shareholder with a 22.3% stake. Anima is 9.8% owned by Italian private equity fund FSI, which is already a partner of Banco BPM in payments.
Italy's Banco BPM launches $1.7 bln bid for asset manager Anima
Nov 6, 2024 · Italy's third-largest Banco BPM on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima Holding in an up to 1.6 billion euro ($1.7 billion) deal.
Banco BPM, Anima Buy Paschi Stakes in Italy’s €1.1 Billion Sale
1 day ago · Giorgia Meloni ’s government sold a minority stake in Banca Monte dei Paschi di Siena SpA to rival Banco BPM SpA, a move aimed at bolstering the Italian shareholder base of the world’s oldest bank.. Milan-based Banco BPM bought 5% of Monte Paschi, according to a statement, one of several sales that netted Italy about €1.1 billion ($1.2 billion) for …