Exclusive-Credit Agricole discussed terms of possible BPM deal with Italy govt [Yahoo! Finance Canada]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: Yahoo! Finance Canada
ROME (Reuters) -Representatives of Credit Agricole have discussed with Italian government officials in recent weeks the conditions for a possible tie-up between the French bank's Italian unit and Banco BPM, two people close to the matter said. Credit Agricole executives met with the Rome officials after the bank sought supervisory clearance in July to own up to 29.9% of Banco BPM and used derivative contracts to increase its holding to just above 20%, one of the people said. Credit Agricole reassured the government it would be ready to provide the guarantees Rome deemed necessary to allow a tie-up between Credit Agricole Italy and Banco BPM, the person said. A representative for Credit Agricole declined to comment. Since escaping a takeover attempt by UniCredit in July, Banco BPM has said its merger options include a tie-up with the Italian arm of Credit Agricole, which is its biggest shareholder, or a combination with Monte dei Paschi di Siena, in which BPM owns a small stak
Show less
Read more
Impact Snapshot
Event Time:
CRARY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRARY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRARY alerts
High impacting CREDIT AGRICOLE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CRARY
News
- CACEIS Strengthens U.S. Presence with Appointment of Antoinette Behan as DirectorBusiness Wire
- ICG plc: Notification of Major Holdings [Yahoo! Finance]Yahoo! Finance
- Financial Services Roundup: Market Talk [Yahoo! Finance]Yahoo! Finance
- Credit Agricole (OTCMKTS:CRARY) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- Inter-American Development Bank Issues First US$100 Million Social Amazonia Bond Under Inaugural Sustainable Debt Framework with Crédit Agricole CIB as Sole Sustainable Structuring AgentBusiness Wire