The transaction in a nutshell

- Client:
- Unicredit S.p.A.
- Date:
- November 2024
- Mandate:
- Takeover bid on Banco BPM
- Role:
- Buy-side Financial Advisor
- Value:
- € 1000 m
- Team:
- M&A advisory
- Advisor:
- EQUITA SIM
The company
UniCredit is a pan-European banking group offering a distinctive service model across Italy, Germany, Austria and Central & Eastern Europe.
With operations anchored in three high-quality “product factories” — Corporate, Individual and Payment Solutions — the Group combines local presence with scale to deliver best-in-class products across its markets.
UniCredit’s purpose is “Empowering Communities to Progress,” with a mission to unlock the potential of clients, employees and communities through innovation, financial strength and ESG commitment.Listed on the Italian Stock Exchange, UniCredit is recognized as a systemically important financial institution in Europe.
Banco BPM is an Italian banking group engaged in credit and financial intermediation, with a broad national footprint and strong capital solidity.
Formed on January 1, 2017 through the merger of Banco Popolare and Banca Popolare di Milano, it is among Italy’s leading institutions in retail and corporate banking, with deep local roots—especially in Northern Italy.Banco BPM aims to modernize and expand its offering through multichannel services, digital innovation and integrated solutions for households, businesses and local communities.