UniCredit Wins Partial Support in Legal Battle Over BPM Deal
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An Italian court accepted some of UniCredit SpA 's requests to annul conditions imposed on its bid for Banco BPM SpA, handing a partial victory to Chief Executive Officer Andrea Orcel in his plan to create the country's largest lender.
The Administrative Court of Lazio lifted two conditions imposed by Prime Minister Giorgia Meloni's government on the deal, according to a ruling published on Saturday on the court's website.
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This FTSE 100 stock yields 9.36% but I still wouldn't touch it with a bargepole!
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