UniCredit’s bid for Banco BPM gets EU clearance

Published 06/05/2025, 04:26 AM
© Reuters.

Investing.com -- UniCredit S.p.A (BIT:CRDI), on Wednesday, after market close, announced that it has received clearance from the European Commission for its public exchange offer for all ordinary shares of Banco BPM S.p.A. 

The Commission informed UniCredit of the closure of its preliminary review under the Foreign Subsidies Regulation, opting not to initiate an in-depth investigation.

As a result of the Commission’s decision, the transaction is authorized, effective June 4, according to a company statement. 

The clearance pertains to the public exchange offer promoted by UniCredit for shares of Banco BPM.

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