The Banco BPM acquisition aligns with UniCredit’s vision of sustained growth while maintaining its commitment to shareholder returns. The bank stated it would proceed with the remaining €1.7 billion portion of its 2024 share buyback program after completing the deal.
UniCredit offers €10bn for Banco BPM : Legal and Financial Advisers
UniCredit is represented by Cappelli Riolo Calderaro Crisostomo Del Din & Partners in the transaction. Counsel information for Banco BPM was not immediately available. Both banks have refrained from commenting on the deal at this time.
