Unicredit

Unicredit is a pan-European commercial banking group based in Italy. Co. is engaged in the provision of in-branch and online corporate and investment banking services, providing customers with access to banks in 14 core markets as well as to an another 18 countries worldwide. Co.'s operations are organized along six business lines: Commercial Banking Italy; CEE Division; CIB; Commercial Banking Germany; Commercial Banking Austria; and Asset Gathering. Co.'s European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Slovakia, Slovenia, Serbia and Turkey.
  • TickerUCG
  • ISINIT0005239360
  • SectorBanks
  • CountryItaly
Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : A fairly solid Q2 2021...and prospect of an MPS deal in th...

>Neutral rating maintained – target price raised to € 10.4 (vs € 10.0) - The operating performance in Q2 2021 was solid, thanks mainly to the fall in CoR and more favourable momentum on NBI. We are raising our estimates for 2021-2022e by ~4% on average. Our Neutral rating is maintained, based on a target price automatically raised to € 10.4 (vs € 10.0), remaining cautious in terms of the group’s strategic options (new plan for Q4 2021) faced with the uncertainty over ...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : T2 2021 plutôt solide… et perspective de deal MPS à CT

>Opinion Neutre maintenue – OC porté à 10.4 € (vs 10.0 €) - La performance opérationnelle au T2 2021 est solide, grâce surtout à la baisse du CdR mais aussi à un momentum plus favorable sur le PNB – nous relevons nos anticipations sur 2021-2022e de ~4% en moyenne. Notre opinion Neutre est maintneue, modulo un OC porté mécaniquement à 10.4 € (vs 10.0 €), restant prudents quant aux options stratégiques du groupe (nouveau plan T4 2021) et devant l’incertitude associée à ...

UCG UNICREDIT (Banks)

UNICREDIT receives two new qualifications and slightly improves to Neu...

The independent financial analyst theScreener just changed two ratings for the qualification of UNICREDIT (IT), active in the Money Center Banks industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date July 30, 2021, the closing price was EUR 10.11 and its expected value was estimated at EUR 9.84.

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS: UCG has never been so close to a deal…

>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...

Steven Gould ... (+2)
  • Steven Gould
  • Benoit Valleaux
UCG UNICREDIT (Banks)

Unicredit : MPS : UCG n’aura jamais été aussi proche d’un deal…

>UCG officiellement en discussion exclusive sur MPS - Unicredit vient de publier hier après Bourse un communiqué annonçant être parvenu à un accord avec le Ministère de Finances italien (MEF) sur les prérequis d’une possible transaction impliquant les activités commerciales de MPS modulo 1/ un périmètre soigneusement défini ainsi qu’une ‘compensation’ des risques appropriée et 2/ l’entame de discussions exclusives afin d’étudier la faisabilité.Les principaux prér...

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