The European Central Bank (ECB) has
issued a negative opinion on the request made by Banco BPM to
apply the so-called "Danish compromise" rules to its takeover of
Anima Holding, well-informed sources said on Wednesday.
The ECB's opinion is non-binding as the European Banking
Authoriy will have the final say on the issue, according to the
sources.
Banco BPM, Italy's third-largest lender, has bid for Anima
through its insurance subsidiary BPM Vita.
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