BMPS (BMPS IM) CEO is considering selling its 13%, EUR 7.4bln stake in Generali (G IM) to fund the acquisition of Banco BPM (BAMI IM), the FT reports citing sources
Every headline is on the live feed 20 minutes before this site.
BoE's Breeden says equity markets look overvalued and could decline, according to the BBC
Mercuria is to take a 25% stake in an aluminium smelter, as well as hunt for copper mining investments, the FT reports
BMPS (BMPS IM) CEO is considering selling its 13%, EUR 7.4bln stake in Generali (G IM) to fund the acquisition of Banco BPM (BAMI IM), the FT reports citing sources
Canada is reportedly to seek talks with the EU regarding access to ‘Made in Europe’ scheme, according to FT
Imports of Russian fuel oil to Singapore has jumped with volume in April already more than double the average monthly amount in 2025, according to FT citing Vortexa data
On the Newsquawk feed at , 20 minutes before this page.
Context
The consideration by BMPS's CEO to sell its 13% stake in Generali marks a strategic shift to fund the acquisition of Banco BPM, potentially reshaping BMPS's financial landscape. This move could raise significant capital, but it also raises questions about how it may impact BMPS's valuation and the perceived synergies of the acquisition. Watch for market reactions concerning both the sale and the implications for BMPS's position in the insurance and banking sectors.
Related headlines
- Newsquawk European Market Wrap - 8th October 2026Oct 08
- DHL (DHL GY) Q3 2026 (EUR): Revenue 22.6bln (exp. 21.7bln). Raises FY26 guidance7 hours ago
- Lufthansa (LHA GY) reportedly exploring a sale of software assets in EUR 1bln deal, reports FT9 hours ago
- AXA (CS FP) is expected to lose its BMPS (BMPS IM) contract at expiry next year, Bloomberg reports13 hours ago
- European Movers: Nordex (NDX1 GY) +13.1%, Aixtron (AIXA GY) +4.8%, Brunello Cucinelli (BC IM) +3.3%, Schneider Electric (SU FP) +1.2%, Lloyds (LLOY LN) -2.2% 16 hours ago
- Additional European Equity News - 16th October 202617 hours ago
- European Pre-Market Summary 16th October 2026: European bourses set for a stronger open; NDX1 GY jumps after a lift in guidance17 hours ago
- Newsquawk Daily European Equity Opening News - 16th October 202618 hours ago
- Unicredit (UCG IM) receives green light from ECB to acquire control of Commerzbank (CBK GY)1 day ago
- SEB (SEBA SS) reaches a final resolution with NY DFS regarding due diligence and transaction monitoring in the Baltics between 2015-19; Agrees to pay USD 33mln for resolution1 day ago
- European Movers: Ericsson (ERICB SS) +8%, Pernod Ricard (RI FP) +2.9%, British Land (BLND LN) +1.5%, TomTom (TOM2 NA) -2.4%, Nordea (NDAFI FH) -4.8%1 day ago
- Additional European Equity News - 15th October 20261 day ago
- European Pre-Market Summary 15th October 2026: European bourses set for a dire open; focus on the tech-sell off after the KOSPI slumped1 day ago
- Newsquawk Daily European Equity Opening News - 15th October 20261 day ago
- Lufthansa (LHA GY) has offered a purchase price of EUR 1.025bln for the 44.9 percent stake in TAP; welcomes selection of its offer in TAP Air Portugal privatization process2 days ago
- German Government is reportedly in talks with KNDS owner families regarding an acquisition of 50% KNDS stake, sources suggest; plan for an IPO is on hold for the time being2 days ago
- ASML (ASML NA) CEO says clients are accelerating expansion plans, which gives the Co. greater visibility. Clients are also asking for more tools, however it is too early to give exact production boost figures2 days ago
- The EU is set to lift a sanction on a Chinese firm to save ASML (ASML NA) supplier, Bloomberg reports2 days ago
- Kion Group (KGX GY) Q3 2026 (EUR): Adj. EBIT 203mln (exp. 206.9mln). Cut its FY26 revenue guidance to 11.45-11.75bln (prev. guided 11.53-12.03bln)2 days ago
- Aurubis (NDA GY) reportedly lifts its 2027 European copper premium to USD 347 per metric tonne, Reuters reports2 days ago
The feed had this first.
Use the Platform