Germany talks tough but has limited room to halt UniCredit's …
WEB8 hours ago · Employees of Commerzbank protest against a potential takeover battle by UniCredit, in front of the Commerzbank headquarters in Frankfurt, Germany, September 24, 2024. The placard reads “Safe ...
Commerzbank, UniCredit shares fall as Germany plans to keep …
WEB1 day ago · A company logo is pictured at the headquarters of Germany's Commerzbank AG during the annual results news conference in Frankfurt, Germany, February 13, 2020.
Germany’s Lindner Says UniCredit Rattled Commerzbank Investors
WEB12 hours ago · German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because UniCredit SpA’s surprise move on the lender had unnerved investors.
Commerzbank warns UniCredit merger is threat to German …
WEB1 day ago · Commerzbank accounts for 30 per cent of Germany’s export finance and is one of the largest lenders to the country’s SMEs with thousands of business customers.
Berlin livid as UniCredit tightens its grip on Commerzbank
WEB16 hours ago · In the battle for Commerzbank, the gloves are off. Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Germany’s second-largest bank to 21 percent, making it the largest shareholder.. That prompted a furious reaction from German Chancellor ...
Orcel Escalates Commerzbank Fight With Surprise Stake Boost
WEB1 day ago · UniCredit SpAChief Executive Officer Andrea Orcelmoved to more than double the lender’s stake in Commerzbank AG, in a dramatic development that’s likely to escalate tensions with the German ...
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
WEB1 day ago · Photo: Krisztian Bocsi/Bloomberg News. Italy’s UniCredit UCG -2.59% moved to buy another big chunk of Commerzbank CBK -0.64%, shrugging off German opposition to a possible takeover and upping ...
Commerzbank Falls as UniCredit Approach Runs Into Opposition
WEB1 day ago · September 23, 2024 at 3:26 AM EDT. Save. Commerzbank AGdropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any takeover by Italian rival ...
UniCredit lifts stake in Commerzbank to 21% - Financial Times
WEB1 day ago · UniCredit has increased its stake in Germany’s Commerzbank from about 9 per cent to 21 per cent, in a move that could kick-start a hostile bid for the rival lender. The Italian bank said on ...
UniCredit approach prompts doubt over Commerzbank’s …
WEBSep 12, 2024 · Opposition politicians in Germany have laid into the federal government’s handling of the sale of a 4.5 per cent block of Commerzbank shares, bought by UniCredit, which enabled the Italian...