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UniCredit has appealed to court against Italy govt's terms on its Banco BPM bid, Repubblica says

Published by Global Banking & Finance Review

Posted on May 23, 2025

1 min read

· Last updated: January 23, 2026

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UniCredit has appealed to court against Italy govt's terms on its Banco BPM bid, Repubblica says
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ROME (Reuters) -Italian bank UniCredit has appealed to an administrative court against the "golden power" terms the Italian government has imposed regarding its bid for smaller peer Banco BPM,

UniCredit Challenges Italian Government's Terms for Banco BPM Bid

ROME (Reuters) -Italian bank UniCredit has appealed to an administrative court against the "golden power" terms the Italian government has imposed regarding its bid for smaller peer Banco BPM, newspaper la Repubblica reported on Friday.

The newspaper did not give its sources for the report, and also said the bank did not confirm the reported move.

(Writing by Gavin Jones, editing by Alvise Armellini)

Key Takeaways

  • UniCredit has filed an appeal against the Italian government's terms.
  • The appeal concerns the 'golden power' terms imposed on the Banco BPM bid.
  • The report was published by la Repubblica without source confirmation.
  • UniCredit has not confirmed the appeal publicly.
  • The case is being handled by an administrative court.

Frequently Asked Questions

What has UniCredit done regarding its bid for Banco BPM?
UniCredit has appealed to an administrative court against the 'golden power' terms imposed by the Italian government on its bid for Banco BPM.
Did the newspaper provide sources for its report?
The newspaper did not give its sources for the report, and the bank did not confirm the reported move.
Who wrote the article?
The article was written by Gavin Jones and edited by Alvise Armellini.

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