UniCredit attacks the use of the Italian government ‘legitimate’ BPM proposal ‘illegal’

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Unicrepit attacked the opponent of the Italian government Banco BPM offering an enemy proposal for BPM, criticizing the condition of the conditions for transactions such as “illegal”.

In a statement The decision of the Italian court On Saturday, UniCredit gave a partial victory against the government of Mobil, who seized a partial victory against Giorgia Meloni’s government.

The President of the Chief Executive Andrea Orcel, also accused the spread of incorrect information on the proposal of shareholders with the further increase in tensions between rival banks.

UniCredit said the BPM said, “He was rightly aggressive and often involved in misconceptions.”

The creditor also suggested that the BPM proposal was a choice on the table in the first days of the proposal in November. “BPM shareholders can be deprived of an option within this deep uncertainty,” he said.

On Saturday, an Italian court canceled government recipes with the funding portfolio of the financing portfolio of the financing portfolio of the financing portfolio of the financing portfolio of the financing portfolio of the subsequent loan and the financing portfolio of the loan of the BPM merger.

However, if the government wants the demand for UNICRETIT to Russia, it was “completely legal” and “it cannot doubt that it is correct.”

The administrative court has no jurisdiction on political decisions.

UniCredit, “The Managing Court” (called “, the European Central Bank has a competence (legitimate) to assess the issue and is currently in line with ECB inquiries,” he said.

UniCredit has been a great sticking point between the government and the loan. The application of deposit ratio from a fixed loan stated by the court was criticized by Unicrepit. Orcel warned that the government is ready to move away without a deal if they do not relieve.

UniCredit is said to ask the decision to complain or close the proposal to close on July 23.

The court decision completely canceled the decree of the previous government and canceled the deal completely waiting for the demands of Rome’s requirements.

The UNICREDIT management will be the last word or may prefer the government’s updated requirements or move away from the contract.

In the statement of BPM, BPM was satisfied with the results of the appeal and called for Unitredit to “clarify their intentions.” The bank refused to comment on the announcement of Unicredit on Sunday.

Representatives for the Italian government were not available for immediate comments.

UniCredit is the second largest loan of Italy. This has launched a simultaneous proposals for BPM and Germany’s commerzbank last year.

In 2022, he has significantly reduced Russia since the country’s full-scale occupation of Ukraine, but is one of two European loans to use a local subsidiary.

Orcel, so far refused to leave the country completely to avoid hitting a balance sheet. The output had to be allowed by the Russian government.