A bid by Italy's third-largest bank Banco BPM to acquire full control of fund manager Anima Holding drove shares in both 9% higher on Thursday. Shares in the Milanese bank hit their highest level ...

MILAN (Reuters) - A bid by Italy's third-largest bank Banco BPM to acquire full control of Anima Holding drove shares in the ...

Anima is 9.8% owned by Italian private equity fund FSI, which is already a partner of Banco BPM in payments. FSI invested in Anima in February 2023, in a move that was interpreted as a bet on future M ...

Italy's third-largest Banco BPM on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima ...

MILAN (Reuters) – Italy’s third-largest Banco BPM on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima Holding in an up to 1.6 billion euro ($1.7 billion) deal.

Banco BPM said on Wednesday it could beat its 2024 earning per share (EPS) guidance after posting a 79.8% rise in nine-month net profit from a year earlier.

Over the past year, the combined firm has experienced noteworthy growth across its service lines since joining BPM. This transaction, combined with the Firm's addition of the Las Vegas-based RiMo ...

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