Economia

Crédit Agricole wants to merge with Banco Bpm: a friendly takeover without a takeover bid

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Crédit Agricole wants to merge with Banco Bpm: a friendly takeover without a takeover bid

To secure a ‘yes’, the French group is promising other shareholders a 20 per cent premium and 1 billion in cash. The markets are responding positively: the former Milanese Popolare is up 11 per cent on the stock exchange. The sticking points regarding branches and asset management

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