Market
Will Banco BPM shareholders approve a merger or acquisition deal by June 30, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Banco BPM, shareholder meeting results
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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Yes • 50%
No • 50%
Yes • 50%
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Partnership or alliance • 25%
Other developments • 25%
Continued acquisition interest • 25%
No acquisition interest • 25%
Acquisition abandoned by BBVA • 25%
Acquisition blocked by CNMV • 25%
Acquisition blocked by CNMC • 25%
Acquisition completed • 25%
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Withdrawn • 25%
Accepted • 25%
No • 50%
Yes • 50%
