Crédit Agricole proposes Banco BPM merger, 20% premium and €1 bln dividend

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Crédit Agricole proposes Banco BPM merger, 20% premium and €1 bln dividend

AI Summary

Crédit Agricole has proposed a merger with Banco BPM, offering a 20% premium and a €1 billion dividend. The proposal represents a major potential banking-sector deal, although the headline does not specify its terms or approval status.

Markets Deals Crédit Agricole Banco BPM merger proposal banking 20% premium dividend

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