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unicredit threatens to withdraw from banco bpm deal over anima offer

UniCredit has threatened to withdraw its €10bn bid for Banco BPM if shareholders vote to increase the offer for asset manager Anima. The Milanese lender emphasized that any changes to the Anima offer would impact its own proposal, while BPM's leadership criticized UniCredit's tactics as dangerous and hostile. Tensions rise amid ongoing consolidation efforts in Italy's banking sector, with BPM asserting its commitment to a standalone strategy.
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