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UniCredit, Commerzbank
Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival Commerzbank with a potential 21% stake,
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
1d
Commerzbank Shares Fall After Germany Holds Stake-Reduction Plans
Commerzbank shares fell after the German government said it decided to keep its stake in the lender for the time being, ...
14h
German Chancellor Scholz calls UniCredit’s moves on Commerzbank ‘unfriendly’
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
12d
Germany's Commerzbank Has a Bumpy History With Big M&A
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. The bank was ...
13d
Commerzbank CEO Flags Exit as Germany Starts to Sell Stake
Commerzbank AG’s chief executive officer won’t seek an extension to his contract, leaving the German lender searching for a ...
1d
UniCredit Raises Commerzbank Holding to Around 21%
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
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