News
Hosted on MSN9mon
Germany decries UniCredit bid for Commerzbank 'unfriendly' - MSNItaly's UniCredit stunned markets by clandestinely raising its stake in Germany's second-largest lender to 21%. As Commerzbank's management now tries to fend off a possible takeover, the ...
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.
Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...
Brussels wants bigger, more efficient banks to help restore Europe’s competitiveness. National capitals have other ideas.
ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last ...
In addition, UniCredit is one of Europe’s most profitable banks, and it has experience operating in Germany through its ownership of HypoVereinsbank, a Munich-based lender that it acquired in 2008.
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 ...
UniCredit has built up a hefty stake in Commerzbank since last year, sparking speculation it could seek to swallow up Germany’s second-biggest lender, in a move that shocked Berlin’s corporate ...
The chief executive of UniCredit said in a newspaper interview the Italian bank was likely to withdraw its offer for smaller ...
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.
Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. Skip to main content.
“The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results