Milan, 9 Nov. (LaPresse) – “Banco Bpm confirms that, late yesterday evening, 8 November 2026, it received a letter from Crédit Agricole S.A. proposing that the Bank enter into discussions regarding a potential merger between Banco Bpm and Crédit Agricole Italia S.p.A. According to a press release, the transaction also envisages the transfer to the new entity of the controlling stakes in the Crédit Agricole Group’s Italian insurance businesses, covering both life and non-life insurance. An initial briefing on the letter, it states, will be provided to the Bank’s Board of Directors at the meeting convened for 12 November.” So stated Banco Bpm in a press release.
Banco BPM: initial briefing on Crédit Agricole’s proposal to be discussed by the board on 12 November
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Milan, 9 Nov. (LaPresse) – “Banco Bpm confirms that, late yesterday evening, 8 November 2026, it received a letter from Crédit Agricole S.A. proposing that the Bank enter into discussions regarding a potential merger between Banco Bpm and Crédit Agricole Italia S.p.A. According to a press release, the transaction also envisages the transfer to the new entity of the controlling stakes in the Crédit Agricole Group’s Italian insurance businesses, covering both life and non-life insurance. An initial briefing on the letter, it states, will be provided to the Bank’s Board of Directors at the meeting convened for 12 November.” So stated Banco Bpm in a press release.
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