Commerzbank warns UniCredit merger is threat to German …
WEB1 day ago · Commerzbank’s management has warned the German government that a potential multibillion-euro merger with UniCredit is a threat to businesses that make up the backbone of Europe’s biggest ...
Commerzbank deputy chair on UniCredit takeover: We don't …
WEB5 hours ago · FRANKFURT, Sept 24 (Reuters) - Commerzbank's , opens new tab deputy chair , opens new tab voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit <CRDI.MI>.
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 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 ...
Berlin warns UniCredit against Commerzbank takeover attempt
WEB1 day ago · Mon, Sep 23, 2024, 3:35 PM 3 min read. UniCredit has become Commerzbank's largest shareholder ahead of the German state (Miguel MEDINA) German Chancellor Olaf Scholz on Monday issued a sharp ...
UniCredit enters into additional instruments relating to Commerzbank …
WEB1 day ago · Consistent with its statement on 11 September 2024, UniCredit submitted the required regulatory filing for acquiring a stake in Commerzbank in excess of 10% up to 29.9%. Meanwhile, UniCredit has today entered into financial instruments relating to ca. 11.5% Commerzbank shares, Physical settlement under …
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEB1 day ago · UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and submitted a request to boost the holding to up to 29.9%. The Italian bank acquired the ...
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...
UniCredit approach prompts doubt over Commerzbank’s …
WEBSep 12, 2024 · Commerzbank has discussed the future of its share buyback programme after Italian lender UniCredit built a 9 per cent stake in the German bank in what could be the opening move of a full...
Commerzbank board member warns of significant job losses ... - NBC New …
WEB6 hours ago · Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender, a Commerzbank supervisory board member warned on Tuesday.