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Credit Agricole Raises Stake

Credit Agricole plans to raise its stake in Banco BPM to just below 30%, ruling out a full takeover bid.

BPMMI

- Ruled Out A Full Takeover Bid For Banco BPM, In Discussions With Rome Officials - UniCredit Has Done Preparatory Work To Be Ready For Potential Domestic M&A Move Over Summer - UniCredit Spox Refers To CEO Comment That Bank Is An Observer