UniCredit Appeals To Administrative Court Against Italian Golden Power Terms On Banco BPM Bid
Reuters
May 23
May 23 (Reuters) - UniCredit SpA :: *APPEALS TO ADMINISTRATIVE COURT AGAINST ITALIAN GOLDEN POWER CONDITIONS ON ITS BANCO BPM BID *APPROVES WAIVER OF ANIMA CONDITION, REMAINS CONFIDENT IN UNICREDIT’S ABILITY TO MANAGE REMAINING RISKS *MAINTAINS DIALOGUE WITH RELEVANT GOVERNMENT BODIES ON GOLDEN POWER, INTERPRETATION OF ITS PRESCRIPTIONS *WAVES CONDITIONS IN BANCO BPM TAKEOVER WHICH ALLOWED IT TO DROP BID DUE TO ANIMA ACQUISITION *GROUP IS NOT YET IN A POSITION TO MAKE ANY CONCLUSIVE DECISION REGARDING COMPLETION OF BANCO BPM TRANSACTION *Further company coverage: CRDI.MI * (Reporting by Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48587696600;))
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