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Banco Bpm Board Gives Mandated To CEO To Initiate Discussions With Crédit Agricole

By Reuters News

Nov 12 (Reuters) - Banco BPM SpA BAMI.MI:

  • BOARD INITIATES REVIEW TO ASSESS FEASIBILITY OF POTENTIAL DEAL FOLLOWING CREDIT AGRICOLE PROPOSAL

  • CEO MANDATED TO INITIATE DISCUSSIONS WITH CRÉDIT AGRICOLE

  • POTENTIAL TRANSACTION WOULD RESULT IN SUBSTANTIAL LOSS OF CONTESTABILITY OF BANCO BPM.

Further company coverage: BAMI.MI

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