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UniCredit seeks EU approvals for proposed BPM takeover

By Andrew Boyce ( April 24, 2025, 15:28 GMT | Insight) -- Italian bank UniCredit has requested EU competition and foreign-subsidies approval for its plan to take over rival Banco BPM. The European Commission has set June 4 deadlines for the two reviews. The deal, worth 10.1 billion euros, is in limbo after the Italian government applied its "golden power" rule against it.Italian bank UniCredit has requested EU competition approval for its plan to take over national rival Banco BPM....

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