In February, BPER Banca rushed to join the wave of consolidation sweeping through Italy’s crowded banking sector in a bid to ...

Italian lender BPER said on Thursday that it has increased its bid for smaller rival Popolare di Sondrio , valuing the bank ...

Italian lender BPER has raised its offer to acquire Banca Popolare di Sondrio to €5.4bn ($6.4bn). This marks a substantial jump from its initial €4.3bn all-share proposal launched in February ...

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and ...

MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of ...

BPER Banca launched an all-share bid of roughly 4.3 billion euros ($4.47 billion) to take over smaller rival Banca Popolare di Sondrio, the latest twist in a wave of consolidation that is sweeping ...

BPER will not buy back its own shares over the next three years but rather use dividends to reward investors, its chief executive said, as the Italian bank on Thursday hiked its payout ratio to 75 ...

BPER said that this adds 451.8 million euros in cash to its original bid. This values the target at 5.47 billion euros, based on BPER's closing price of 7.65 euros and BP Sondrio's at 11.74 euros ...

(Reuters) -Italian lender BPER has increased its bid for smaller rival Popolare di Sondrio to 5.44 billion euros ($6.39 ...

BPER, based in the town of Modena, famous for its automakers, including Ferrari, cured meat products and balsamic vinegar, jumped in size in 2020 by buying 600 branches in the Intesa Sanpaolo-UBI ...

BPER Banca topped up its offer for Banca Popolare di Sondrio, valuing its smaller rival at around $6.43 billion. Photo: FLAVIO LO SCALZO/REUTERS ...

The bid represents a premium of 3% based on Popolare di Sondrio (BPSO) shares' last closing price, valuing the bank at 5.44 billion euros, according to Reuters' calculation. The revised offer includes ...