Crédit Agricole lifts stake in Italy’s Banco BPM in blow to UniCredit bid

French lender’s stake-building comes in wake of €10.1bn takeover offer from Andrea Orcel’s bank

Topics

Credit Agricole Moves to Raise Banco BPM Stake as UniCredit Circles

Credit Agricole said it bought financial contracts that could raise its stake in Banco BPM to 15.1% at a time when the Italian bank is being targeted by larger rival UniCredit in a $10 billion-plus ...
The Wall Street Journal - 2d
Inside a High-Stakes U.S.-China Prisoner Swap

A Stanford student and a Uyghur activist are among those who waged a long battle to get attention from Washington for family members jailed in China.
The Wall Street Journal - 4d
UniCredit's Orcel could still sweeten his bid and take on a double M&A offensive

Divided between two takeover courtships, UniCredit's Andrea Orcel may need to decide between going big abroad or staying home.
CNBC - 5d
Italy’s slowing economy raises pressure on Meloni

Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budget
Financial Times - 6d
Ex-boyfriend sentenced to life in femicide that rocked Italy

A 23-year-old Italian man has been sentenced to life in prison after admitting to stabbing his ex-girlfriend in a closely watched case that sparked public outcry.
NBC News - Dec. 4
Italy bans Airbnb self-check-ins

Yahoo News - Dec. 3
Killer in femicide that shocked Italy sentenced to life in jail

Giulia Cecchettin was killed by her ex-boyfriend in 2023, sparking an outpouring of grief and soul-searching.
BBC News - Dec. 3
What’s at stake with a second Trump presidency – in charts and maps

Conflicts around the globe and domestic policies on immigration and vaccinations are likely to face upheaval. The second Donald Trump administration is expected to have a vast impact both ...
The Guardian - Dec. 3
G.M. Will Sell Stake in EV Battery Plant to LG

LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
The New York Times - Dec. 2