UniCredit: Palazzo Chigi, golden power in the form of prescriptions on Banco Bpm Ops

Conditional green light from the Council of Ministers for Unicredit's public exchange offer for Banco Bpm. This was learnt from sources at the end of the Council of Ministers meeting. The delegation of Forza Italia in the Council of Ministers did, however, put 'on record the major reservations about the legal basis of the Golden power for UniCredit's takeover bid on Bpm'. "The Council of Ministers - in fact - has resolved to exercise, in order to protect strategic interests for national security, special powers in the form of the imposition of specific prescriptions, in relation to the voluntary public exchange offer on all the ordinary shares of Banco Bpm by UniCredit," so it is written in a statement by Palazzo Chigi.