Italian bank UniCredit is progressing towards obtaining a conditional approval from the government for its proposed acquisition of Banco BPM, according to multiple sources. The decision regarding UniCredit's bid is expected to be made by the end of June. Meanwhile, Banco BPM has successfully secured an 89.9% stake in Anima Holding following a tender offer, surpassing the two-thirds majority threshold required to maximize the benefits of the deal. This acquisition of Anima Holding is a significant step for Banco BPM as it seeks to strengthen its asset management capabilities.