UniCredit S.p.A.

UCG

IT0005239360

Banks

Market Closed - Borsa Italiana Other stock markets 11:45:00 2025-07-07 am EDT			5-day change	1st Jan Change
57.35 ^EUR	0.00%		+0.77%	+48.86%

Jul. 07	UNICREDIT SPA : JP Morgan keeps its Buy rating	ZD
Jul. 07	Indices Hover Around Parity at Midday	AN

EU Approves UniCredit Acquisition of Banco BPM, Subject to Branch Divestments

Published on 06/20/2025 at 00:32

(Alliance News) - The EU Antitrust authority has given the green light to UniCredit's acquisition of Banco BPM, provided that 209 branches are divested to prevent competition issues in local markets, as reported by Il Sole 24 Ore on Friday.

The European Commission deemed the commitments made by UniCredit sufficient, rejecting Italy's request to handle the case at the national level.

Banco BPM CEO Giuseppe Castagna voiced concerns regarding the deal, while UniCredit announced that its offer would resume on Monday, June 23, following a temporary suspension by Consob.

The government's stance on the use of Golden Power remains unresolved, with the Ministry of Economy and Finance (MEF) imposing three conditions: exiting the Russian market within nine months, restrictions on government bond holdings, and limits on the loans-to-deposits ratio. UniCredit has particularly contested the forced exit from the Russian market, which has already been significantly scaled back.

CEO Andrea Orcel also criticized the excessive interventionism of European governments in banking operations, highlighting the ongoing incompleteness of the banking union.

By Claudia Cavaliere, Alliance News reporter

Comments and questions: redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	UNICREDIT S.P.A.	57.35EUR	0.00%	+0.77%	104B
	BANCO BPM S.P.A.	10.12EUR	0.00%	+2.15%	17.73B

Latest news about UniCredit S.p.A.

UNICREDIT SPA : JP Morgan keeps its Buy rating	Jul. 07	ZD
Indices Hover Around Parity at Midday	Jul. 07	AN
UniCredit Bulbank and PGGM Complete EUR 2.1 Billion SRT Transaction	Jul. 07	AN
FTSE Mib Opens Slightly Higher, Led by Generali	Jul. 07	AN
European Futures Tread Water as Tariff Deadline Looms	Jul. 07	AN
Italy - Factors to watch on July 7	Jul. 07	RE
Decisive Week for UniCredit's OPS on Banco BPM	Jul. 07	AN
MPS, Eight Weeks to Reach Piazzetta Cuccia	Jul. 07	AN
UniCredit Trims Shareholding in Generali	Jul. 06	MT
Bank of Italy selects 4 systemic risk countries for lenders, including Russia	Jul. 04	RE
European Markets Weaken Amid Tariff Uncertainty	Jul. 04	AN
UniCredit S.p.A. Presents at Goldman Sachs 29th Annual European Financials Conference, Jun-11-2025 08:45 AM	Jul. 04
Commerzbank Vice Chair to Orcel: Sell Your Shares and Go Home	Jul. 04	RE
Commerzbank official tells UniCredit CEO to sell and go home	Jul. 04	RE
Commerzbank official tells UniCredit CEO to sell and go home	Jul. 04	RE
European Markets Decline Amid US Tariff Uncertainty	Jul. 04	AN
Monte dei Paschi says owning 35% of Mediobanca would be enough	Jul. 04	RE
Monte dei Paschi says owning 35% of Mediobanca would be enough	Jul. 04	RE
European markets in the red; TIM and Amplifon lead the Mib	Jul. 04	AN
Markets in the Red; Trump Secures Congressional Victory	Jul. 04	AN
Factors to watch on July 4	Jul. 04	RE
UniCredit-BPM: Golden Power Remains a Key Variable in Takeover Bid	Jul. 04	AN
UniCredit-BPM: EU Decision Expected After July 10	Jul. 04	AN
EU Decision on UniCredit-BPM Deal Expected After July 10	Jul. 04	AN
US employment data pushes markets higher	Jul. 03	AN

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Company Profile

UniCredit S.p.A. is one of the leading European banking groups. Income breaks down by activity as follows: - corporate, investment, finance and market banking (50.6%): leasing, factoring, stock transactions, participation in the rate, exchange, stock and derivative markets, stock exchange intermediation, etc.; - retail banking (48.9%); - other (0.5%). At the end of 2024, the group managed EUR 499.5 billion in deposits and EUR 418.4 billion in loans. Products and services are marketed through a network of 3,039 branches located primarily in Italy (1,943). Income (including intragroup) is distributed geographically as follows: Italy (44.9%), Germany (21.6%), Central Europe (17.1%), Eastern Europe (11.4%) and Russia (5%).

Employees

69,294

Sector

Banks

Calendar

Jul. 22 - Q2 2025 Earnings Release

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