(Finance) – “We take note of today’s decision of the European Commission” on the green light to the acquisition of Banco Bpm by Unicredit“as always we do not enter into the merits of the decisions of the authorities, but We express our concern” Banco BPM, Giuseppe Castagna that cites the “consequences of the operation on the business model adopted by our bank, always close to the real economy and the companies and families of our territories “.
“As detected by entrepreneurs, trade associations, trade unions and local administrators, the sale of 209 branches in some of the most relevant territorial areas of the country where our group operates – continues Castagna – could have some also significant repercussions on the provision of customer services as well as employment“.
“Finally, we remember that it is a regulatory authorization that has nothing to do with the final outcome of the OPS that we continue to believe is characterized by aunsuitable offerwhich does not recognize any prize, which has always been at a discount and which creates value only for unicredit shareholders at the expense of our shareholders “, adds the Ad. And” for this purpose, it should be noted that at the last day before the suspension of the offer, the members stood at about 0.0180%”, concludes Castagna.