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via livemint.comBusiness & Companies

Banco BPM to review Credit Agricole bid, seeking 'adequate value'

FROM THE WIRE · LIVEMINT.COM

Banco BPM SpA said it will review Credit Agricole SA’s proposal to combine their Italian banking operations, and said it will seek “adequate value” for shareholders.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA possible combination of the Italian banking operations of Credit Agricole and Banco BPM can affect the Italian banking sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Banco BPM will review Credit Agricole's proposal.
  2. 02The proposal concerns combining the two Italian banking operations.
  3. 03Banco BPM will seek 'adequate value' for shareholders.

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