MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German flagship ...
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UniCredit open to add Germans on board for Commerzbank deal
However, for a deal to progress, Commerzbank would need to engage in talks and find a middle ground with UniCredit. UniCredit has a history of board restructuring following acquis ...
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, marking ...
(Bloomberg) -- Germany’s new finance minister used his first public speech since taking office to voice sharp criticism of the tactics UniCredit SpA used in building a major stake in Commerzbank AG.
(Bloomberg) -- UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around ...
Berlin, Commerzbank and unions oppose UniCredit actions Orcel seeks dialogue, says no more than an investment for now UniCredit shares rise after CEO hikes 2024 profit target German officials warn ...
Two months since UniCredit played its opening move to woo German lender Commerzbank, the lenders flaunted their financial strength as one of Europe's largest banking mergers still hangs in balance.
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note. “Germany ...
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work. "In ...
Caught cold by UniCredit's swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from Berlin.
Dressed as a Gallic warrior fighting Roman invaders or wearing the yellow of the Commerzbank logo, employees from the German lender protested Thursday against any takeover attempt by Italy’s UniCredit ...
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