UniCredit CEO's M&A Strategy Overlooked
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full Commerzbank takeoverReuters
•World
World
UniCredit CEO sees slim hopes of BPM deal, says Commerzbank too costly

80% Informative
UniCredit CEO Andrea Orcel says he currently sees little scope to advance his acquisition strategy.
Orcel arrived at UniCredit in 2021 vowing to use M&A to speed up growth.
He last year moved on Commerzbank and smaller domestic peer Banco BPM , sparking angry reactions in Berlin and Rome .
UniCredit has challenged in court the conditions Italy has set for the BPM bid.
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