
The resulting entity would be centered on Banco Bpm and listed on the Milan Stock Exchange
AI-generated summary
Long-term partnership between Banco Bpm and Crédit Agricole.
Crédit Agricole has proposed to Banco Bpm to start negotiations regarding a merger between Banco Bpm and Crédit Agricole Italia.
We read it in a note. The merged entity would be centered around Banco Bpm and would continue to be listed on the Milan Stock Exchange. The French group claims that the proposal towards Banco Bpm is a "friendly proposal", "subject to the evaluation of the board of directors" of Piazza Meda, and "represents a natural extension of the long-term partnership between Banco Bpm and Credit Agricole and of the mutual trust established between the two groups.
AI outlook — possibilities, not facts
Evaluation of the proposal by the board of directors of Banco Bpm
Very likely · Within days

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