Analysis-Germany Talks Tough but Has Limited Room to Halt UniCredit's Advance on Commerzbank
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 workplaces for Commerzbank employees.” REUTERS/Tilmann Blasshofer
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
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.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling ...
MILAN, Sept 23 (Reuters) - Italy's UniCredit (CRDI.MI), opens new tab said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to more than double ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
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