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Italian conditions on UniCredit-BPM deal spark EU warning

( July 14, 2025, 10:16 GMT | Official Statement) -- MLex Summary: The Italian government’s intervention on UniCredit's purchase of BPM is suspected to be a breach of EU merger law, due to the imposition of excessive conditions. The European Commission has written to the Italian state, raising concerns over a decree it issued in April, when it intervened on "public security" grounds, but which EU officials believe is not sufficiently justified. The commission believes it should have reviewed the decree in advance, and that the decree may also breach EU laws on the free movement of capital and prudential oversight.The statement follows:...

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