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Italy's Banco BPM says no contacts with UniCredit over potential tie-up

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)

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