The Los Angeles Post
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Today: March 17, 2025
Today: March 17, 2025
Andrea Mandala

Andrea Mandala

Staff Writer

Latest From Andrea Mandala

Business|Economy|Europe|Finance

What is next in Italy's banking saga?

The raft of takeover attempts rocking Italy's financial sector will be put to a market test in the coming months, when investors in the target

What is next in Italy's banking saga?
Business|Economy|Europe|Finance|Stock Markets

UniCredit's takeover target Banco BPM secures investor backing to sweeten Anima bid

Banco BPM on Friday secured shareholder approval for its decision to pay more to buy fund manager Anima Holding, a key plank of the Italian bank's

UniCredit's takeover target Banco BPM secures investor backing to sweeten Anima bid
Business|Economy|Europe|Finance

Bank of Italy chief says M&A supervision "not a talk show"

The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but it cannot be expected

Bank of Italy chief says M&A supervision "not a talk show"
Business|Economy|Europe|Finance

BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio

BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a

BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio
Business|Economy|Europe|Finance|Stock Markets

Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca 

The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, signalling deepening

Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca 
Europe|Sports

Tennis-Wimbledon top seed Sinner leads Italian renaissance

Millions of Italians, long known for their obsession with soccer, are about to find themselves torn between following their beloved Azzurri at Euro 2024 and tuning

Tennis-Wimbledon top seed Sinner leads Italian renaissance
Environment|Europe|News|World

Water profiteers thrive in Sicily as drought intensifies

A drought on the Italian island of Sicily has become so severe that many residents of the city of Caltanissetta have been without running water for

Water profiteers thrive in Sicily as drought intensifies
Business|Europe|Finance

Italy's Banco BPM launches $1.7 billion bid for asset manager Anima

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

Italy's Banco BPM launches $1.7 billion bid for asset manager Anima
Business|Europe|Finance|Stock Markets

Italy's Banco BPM bids for asset manager Anima, boosting shares of both

A bid by Italy's third-largest bank Banco BPM to acquire full control of fund manager Anima Holding sent shares of both soaring on Thursday.

Italy's Banco BPM bids for asset manager Anima, boosting shares of both
Business|Europe|Finance|Stock Markets

Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale

Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena (MPS),

Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale
Business|Europe|Finance|Stock Markets

UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash

Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea

UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Business|Europe|Finance|Stock Markets

What would a UniCredit-Banco BPM combination look like?

Italy's third-largest bank Banco BPM has been on UniCredit CEO and veteran dealmaker Andrea Orcel's wish list since he took up his current role in

What would a UniCredit-Banco BPM combination look like?
Business|Economy|Europe|Finance|Stock Markets

Banco BPM rebuffs UniCredit bid, saying it undervalues bank

Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying it

Banco BPM rebuffs UniCredit bid, saying it undervalues bank

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