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The Nexus
BUSINESSAug 26 · 08:42 UTCBLOOMBERG

Banco BPM Says Paschi's Offer 'Does Not Recognize a Premium'

Banco BPM expressed skepticism toward a takeover bid from rival Banca Monte dei Paschi. The bank stated that the price offered was nearly the same as its market valuation, indicating it did not recognize a premium.

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Banco BPMorganizationPaschitopicBanca Monte dei PaschiorganizationTommaso EbhardtpersonBloombergorganizationMilanplace
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Banco BPM Says Paschi's Offer 'Does Not Recognize a Premium' · The Nexus