In February, BPER Banca rushed to join the wave of consolidation sweeping through Italy’s crowded banking sector in a bid to ...

(Reuters) -Italian lender BPER has increased its bid for smaller rival Popolare di Sondrio to 5.44 billion euros ($6.39 ...

Italian lender BPER has raised its offer to acquire Banca Popolare di Sondrio to €5.4bn ($6.4bn). This marks a substantial jump from its initial €4.3bn all-share proposal launched in February ...

BPER will not buy back its own shares over the next three years but rather use dividends to reward investors, its chief executive said, as the Italian bank on Thursday hiked its payout ratio to 75 ...

BPER Banca launched an all-share bid of roughly 4.3 billion euros ($4.47 billion) to take over smaller rival Banca Popolare di Sondrio, the latest twist in a wave of consolidation that is sweeping ...

Italian lender BPER Banca SpA is open to additional acquisitions after agreeing to buy a regional rival earlier this month, Chief Executive Officer Piero Luigi Montani told newspaper La Stampa ...

MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of ...

BPER said net profit for the six months through June was 1.38 billion euros from 501.81 million euros a year ago. Excluding the one-off boost from buying l oss-making C arige at a discount to its ...

Italian lender BPER said on Thursday that it has increased its bid for smaller rival Popolare di Sondrio , valuing the bank ...

BPER Banca topped up its offer for Banca Popolare di Sondrio, valuing its smaller rival at around $6.43 billion. Photo: FLAVIO LO SCALZO/REUTERS ...

BPER said that this adds 451.8 million euros in cash to its original bid. This values the target at 5.47 billion euros, based on BPER's closing price of 7.65 euros and BP Sondrio's at 11.74 euros ...

The bid represents a premium of 3% based on Popolare di Sondrio (BPSO) shares' last closing price, valuing the bank at 5.44 billion euros, according to Reuters' calculation. The revised offer includes ...