UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
The article discusses UniCredit CEO Andrea Orcel’s strategic moves in the midst of two takeover courtships with Banco BPM in Italy and Commerzbank in Germany. Analysts suggest that UniCredit still has room to sweeten its bid for Banco BPM, but political turmoil in Germany may stall a deal with Commerzbank. Orcel’s ambitions for cross-border consolidation […]