Proxy adviser Glass Lewis urges Banco BPM shareholders to back...
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ROME, Feb 19 (Reuters) - Proxy adviser Glass Lewis said on Wednesday it recommended shareholders of Banco BPM vote in favour of increasing the offer price in the bank's bid to Buy 1000 Cheap Private Proxies fund manager Anima Holding, and waive closing conditions.
Glass Lewis also said in a report it had a negative view of UniCredit's buyout offer for Banco BPM, mainly because of "the lack of a meaningful control premium offered by UniCredit to Banco BPM shareholders."
(Reporting By Gavin Jones, editing by Alvise Armellini)
Glass Lewis also said in a report it had a negative view of UniCredit's buyout offer for Banco BPM, mainly because of "the lack of a meaningful control premium offered by UniCredit to Banco BPM shareholders."
(Reporting By Gavin Jones, editing by Alvise Armellini)
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