Crédit Agricole has received ECB approval to increase its stake in Banco BPM to 19.9%, up from 9.9%. This move aligns with CA's long-term investment strategy. Meanwhile, UniCredit plans to launch a takeover offer for Banco BPM, which could complicate CA's stake increase due to enhanced voting power. Banco BPM rejected UniCredit's previous €10 billion bid, claiming it undervalued the bank. Additionally, Banco BPM aims to acquire Anima Holding to diversify its revenue. Teljes cikk (Euronews.com)