MILAN, Sept 24 (Reuters) - Italy’s third-largest bank Banco BPM has no contacts at present with bigger rival UniCredit over a potential merger, a Banco BPM spokeswoman said, dismissing a press report.
Italian daily MF reported on Thursday rumours about intensifying contacts between UniCredit and Banco BPM over a possible tie-up.
“There are no talks under way,” a Banco BPM spokeswoman said.
A spokesman for UniCredit said that the bank’s policy was to never comment on press speculation. (Reporting by Andrea Mandala; editing by Valentina Za)