Banco BPM rejects UniCredit takeover bid

Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects

World - Financial Times - 22 hours ago

Banco BPM says UniCredit's 'unusual' $10.5 billion takeover offer does not reflect its profitability

UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.

Business - CNBC - 23 hours ago

UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion

Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.

Business - CNBC - Yesterday

UniCredit makes €10bn offer for Italian rival Banco BPM

Bid for domestic competitor hits shares in Germany’s Commerzbank, which had been viewed as a target

World - Financial Times - Yesterday

Nissan seeks anchor investor to help it through make-or-break 12 months

Carmaker looks for steady shareholder as longtime partner Renault sells down its holding

World - Financial Times - Yesterday

Why Germany Is Resisting UniCredit’s Takeover of Commerzbank

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.

Top stories - The New York Times - November 1

UniCredit and Commerzbank square off with target hikes amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

Business - CNBC - November 6

Bid to soften farm tax change rejected by Treasury

The department for rural affairs suggested exempting some older farmers from having to pay, Newsnight is told.

7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

Japanese convenience store operator receives rival buyout offer from members of founding family

Business - Financial Times - November 13

Belarus commission approves Lukashenko's 7th term bid but rejects opposition candidates

The national elections commission in Belarus has registered an initiative group for authoritarian President Alexander Lukashenko to seek a seventh term in office, but rejected the attempts of two ...

World - ABC News - October 29

Michael Jordan’s Fast-Track NASCAR Discovery Bid Rejected

In an early but narrow victory for NASCAR as it defends an antitrust lawsuit brought by Michael Jordan-owned 23XI Racing and Front Row Motorsports, a federal judge Thursday denied the race teams’ ...

Sports - Yahoo Sports - November 1

Supreme Court rejects RNC bid to stop provisional option for some Pennsylvanians

The Supreme Court on Friday said it won’t block Pennsylvanians whose mail votes are voided for technical reasons from voting provisionally at their polling place on Election Day, rejecting a ...

Politics - The Hill - November 1

US regulator rejects bid to boost nuclear power to Amazon data center

The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could ...

Politics - The Hill - November 4

Israeli Court Rejects Netanyahu’s Bid to Delay Corruption Trial Testimony

The court ruled that Prime Minister Benjamin Netanyahu must take the stand on Dec. 2 in a trial that has stretched out for more than four years.

World - The New York Times - November 13

Supreme Court rejects RFK Jr.'s bids to have his name removed from Michigan and Wisconsin ballots

Robert F. Kennedy suspended his longshot presidential campaign in August and endorsed former President Donald Trump.

Cardi B says Harris inspired her to vote as candidates hold dueling Wisconsin rallies – live

Supreme court rejects Republican bid to throw out thousands of Pennsylvania ballots; Democrat condemns Trump’s remarks on Liz Cheney. Tell us: Did you vote for a different candidate than your ...

World - The Guardian - November 2

North Dakota voters reject bid to end property taxes, which have soared nationwide since 2019

Measure 4 would have cost the state an estimated $3.15 billion over two years.

Business - MarketWatch - November 6

Supreme Court rejects Meadows' bid to move Georgia election case to federal court

Former White House chief of staff Mark Meadows was charged with two counts in the case brought by Fulton County prosecutors over alleged efforts to overturn the results of the 2020 election in ...

SCOTUS rejects Mark Meadows' bid to move Georgia election case into federal court

The Supreme Court has rejected a request from former Trump chief of staff Mark Meadows to move his Georgia election interference case from state court into federal court.

France's Marine Le Pen rejects embezzlement claims as presidential bid hangs in the balance

France's far-right leader Marine Le Pen has thrown in recent weeks all her energy at a Paris trial into fighting what she calls unfair accusations that her party embezzled European Parliament funds

World - ABC News - November 13

News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure

Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.

Business - The Wall Street Journal - 6 days ago

Rebel Wilson to appeal after US court rejects bid to have defamation case thrown out

The Los Angeles superior court rejected the actor’s claim that she couldn’t be sued by the producers of her film The Deb. Rebel Wilson’s lawyers say they will appeal a California court’s decision ...

World - The Guardian - 3 days ago

Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live

Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...

World - The Guardian - November 13

Commerzbank Lifts Guidance as UniCredit Circles

Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.

Business - The Wall Street Journal - November 6

UniCredit Raises 2024 Outlook After Earnings Rise

UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.

Business - The Wall Street Journal - November 6

UniCredit’s journey from foreign predator to domestic consolidator

Two months ago Andrea Orcel swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM

Business - Financial Times - Yesterday

UniCredit’s Orcel is just working the angles on European bank mergers

Lowball offer for BPM is unlikely to succeed but gives UniCredit’s chief room for manoeuvre

World - Financial Times - Yesterday

LinkedIn’s Hostile Takeover of the Tech Job Market

LinkedIn is going all-in on AI for recruiters and job seekers.

Business - Inc. - November 5

Chelsea duo praise Bompastor's smooth takeover

Chelsea duo Erin Cuthbert and Zecira Musovic praised new manager Sonia Bompastor following their unbeaten start to the season and the smooth transition to her leadership.

Sports - ESPN - November 6

Verizon's Takeover of Frontier Communications Wins Shareholder Support

The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.

Business - The Wall Street Journal - November 13

7-Eleven, the Slurpee and a $47 Billion Takeover Battle

The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.

Business - The Wall Street Journal - 4 days ago

Florida's takeover of the GOP is about to transform Washington

POLITICO reporters discuss what Florida’s takeover of the Republican Party means in a second Trump administration.