CNBC has reached out to UniCredit for comment. Speaking to ... an ambitious formal takeover offer for Italian peer Banco BPM in late November. For its part, Commerzbank has been advocating its ...
plans to absorb Commerzbank and carry out cross-border consolidation, which is "long overdue" in the region. The decision by UniCredit, which is already present in Germany through a division of ...
Over the past two-and-a-half years, Orcel had multiple meetings with the German ... win support from Commerzbank and the government in Berlin for a potential takeover, after UniCredit acquired ...
BERLIN, Jan 20 (Reuters) - German Finance ... opaque behaviour" by UniCredit (CRDI.MI), opens new tab as part of the Italian bank's takeover interest in Commerzbank (CBKG.DE), opens new tab.
Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share ...
At the moment, Deutsche Bank opposes the takeover ... crisis. UniCredit bought out 9% of Commerzbank shares on September 11, becoming one of the key shareholders. In particular, UniCredit acquired ...
UniCredit had announced an initial 9% stake in Commerzbank in September, angering the German government. Speaking in Davos ... Orcel has said any specific takeover offer must wait because of ...
Takeover speculation has surrounded Commerzbank since September after Italy's UniCredit revealed that it had acquired 9.5 percent of the German bank ... refused to rule out redundancies in ...
UniCredit’s strategy of buying and expanding a stake in the lender while considering a takeover bid is ... control of about 28% in the German bank in a move that has angered the German government — ...
BERLIN (Reuters) - German Finance Minister Joerg Kukies on Monday said that Berlin is concerned by "intransparent, opaque behaviour" by UniCredit as part of the Italian bank's takeover interest in ...