
Italy's Economy Minister says the Government is to use golden power legislation on UniCredit (UCG IM) for Banco BPM (BAMI IM) "in a reasonable and proportionate manner"
- The government also assessing UniCredit bid for BPM in order to check its impact on the smooth operation of payment system infrastructure.
- Golden power legislation envisages veto only as a last resort decision to protect strategic assets.
12 Mar 2025 - 14:51- Equities- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts