Tag: Italy
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Barcolana Special Edition: Trieste welcomes Nave Vespucci with a grand Boat Parade
Trieste will be the first Italian city to welcome the training ship Amerigo Vespucci back into national waters at the conclusion of her 2023-2025 World Tour. To celebrate this historic occasion, Barcolana is organizing a special Boat Parade on Saturday, March 1, 2025, inviting all sea lovers to participate in a spectacular maritime event. The…
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Codecasa celebrates 200 years of history
With the beginning of the year 2025, Codecasa Shipyards are celebrating their 200 years of activity, always and only managed by the Codecasa Family. This is an important goal, to be very proud of. Codecasa celebrates 200 years of activity Codecasa Shipyards were founded in 1825 by the shipwright Giovanni Battista Codecasa in the town of Viareggio,…
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Credit Agricole vows to defend Italian interests after strong end to 2024
Credit Agricole (CAGR.PA), opens new tab has vowed to defend its interests in Italy, with outgoing CEO Philippe Brassac saying the French bank had no plans to buy Banco BPM (BAMI.MI), opens new tab, which is the target of an unsolicited bid from UniCredit (CRDI.MI), opens new tab. “Our only motivation is to defend our own interests, we are…
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Collio DOC to integrate orange wine into production specifications
The Consorzio Tutela Vini Collio, which represents and advocates for producers in the renowned northeastern Italian wine region, recently approved a motion to officially include orange wines in the production specifications (disciplinare) of its denomination of origin. The decision was finalised during the Collio consortium’s latest assembly, held in December just before the holiday season.…
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Picchiotti unveils 61m superyacht concept with “old money” aesthetic
Picchiotti, a brand of The Italian Sea Group, has unveiled a 61-metre concept inspired by the history of the yard, which was established in 1575. “The aristocracy, escorted by the highest members of the upper middle class to spend their holidays on the French Riviera, sailed aboard splendid wooden yachts,” explained a Picchiotti spokesperson. The concept,…
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UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
UniCredit (CRDI.MI), opens new tab on Friday filed its buyout offer for rival Banco BPM BAMI.MI with Italy’s market regulator, and CEO Andrea Orcel said the price was adequate. The filing makes the 10-billion-euro ($10.5 billion) all-share offer, which UniCredit announced on Nov. 25, binding and sets a price floor. UniCredit also applied to relevant authorities for regulatory approval.…