Commerzbank's deputy chair voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit CRDI.MI.
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.
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
Tensions between Germany and UniCredit SpA burst into the open Monday as the government said it opposes a takeover of ...
Commerzbank shares fell after the German government said it decided to keep its stake in the lender for the time being, ...
UniCredit-Chef Andrea Orcel griff dem Vernehmen nach auf die Dienste von Barclays und Bank of America zurück, um zunächst im ...
That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank. The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for ...
Italy's UniCredit said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to ...