UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion

UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion | line4k – The Ultimate IPTV Experience – Watch Anytime, Anywhere

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A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022.

Bloomberg | Getty Images

Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BMP for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank.

This is a breaking news story, please check back later for more.

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