Market
What will be the resolution of the banking consolidation involving Banco BPM by December 31, 2025?
3
Resolution / Starting Odds
Banco BPM merges with Crédit Agricole • 25%
Banco BPM merges with UniCredit • 25%
Banco BPM merges with another bank • 25%
No merger occurs • 25%
Official announcements from involved banks, financial news reports
Story
Crédit Agricole Increases Banco BPM Stake to 15.1%, Complicating UniCredit's Bid
Dec 6, 2024, 07:10 PM
Crédit Agricole SA has increased its stake in Banco BPM to 15.1%, escalating the competition for control of the Italian bank. This move comes as UniCredit SpA faces a deadline until March to improve its bid for Banco BPM. Crédit Agricole has sought regulatory approval to boost its holding and has stated it will not launch a full takeover bid for Banco BPM at this time. The increase in stake by Crédit Agricole is seen as a strategic maneuver to strengthen its position in potential negotiations with UniCredit. The situation has intensified the ongoing banking consolidation in Italy, with shareholders of Banco BPM playing a pivotal role in deciding the bank's future.
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Partnership or alliance • 25%
Continued acquisition interest • 25%
No acquisition interest • 25%
Other developments • 25%
Acquisition blocked by CNMV • 25%
Acquisition blocked by CNMC • 25%
Acquisition completed • 25%
Acquisition abandoned by BBVA • 25%
Stake reduction or divestment • 25%
Full takeover of Commerzbank • 25%
Partial merger or partnership • 25%
No significant change • 25%
Rejected • 25%
Accepted • 25%
Modified • 25%
Withdrawn • 25%
Stake remains at 28% • 25%
Stake decreases • 25%
Stake exceeds 29.9% • 25%
Stake increases to 29.9% • 25%
Regulatory restrictions imposed • 25%
No regulatory action • 25%
Regulatory investigation initiated • 25%
Regulatory approval required • 25%
More than €10 million • 25%
Between €5 million and €10 million • 25%
Between €1 million and €5 million • 25%
Less than €1 million • 25%
Yes • 50%
No • 50%