Brussels warns Italy over UniCredit–Banco BPM deal, saying Rome’s golden power decree may breach EU law and overstep ECB oversight.

Italy has been hit by a preliminary EU warning over its restrictions on UniCredit’s planned takeover of Banco BPM.

The European Commission cries foul over Italy’s use of national security rules to effectively block UniCredit’s bid for BPM.

The European Commission has told Italy that imposing certain conditions on UniCredit's planned bid for Banco BPM could breach EU law, it said in a statement on Monday.

Rome’s use of the ‘Gold Power’ rule to impose conditions on the merger is controversial because the two companies are both ...

The European Union said Italy's intervention in the proposed takeover of lender Banco BPM by larger peer UniCredit potentially breaches European rules on mergers.

The EU has challenged Italy's conditions on UniCredit's takeover of Banco BPM, claiming potential violations of EU merger ...

The European Commission has told Italy that imposing certain conditions on UniCredit's planned bid for Banco BPM could breach ...

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

An Italian court has scrapped some of the conditions Rome had set to clear UniCredit's takeover offer for Banco BPM, except a ...

An Italian court lifted two conditions imposed by officials, while upholding others, marking the latest development in a ...

Credit Agricole aims to nudge up its shareholding in Banco BPM to just over 20%, solidifying its strategic position in the Italian lender that is currently a UniCredit takeover target.