Germany's Scholz shuts door to UniCredit after 'attack' on …
WEB6 hours ago · UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to supervisors to reach a holding of up to 29.9% in the German rival. "The ...
UniCredit Raises Commerzbank Stake to 21% Amid Berlin …
WEB6 hours ago · UniCredit entered into financial instruments relating to an additional 11.5% stake in Commerzbank, according to a filing by the Italian bank, which already owns about 9% of the German rival.
Germany's Scholz slams UniCredit's 'hostile' move on Commerzbank
WEB2 hours ago · UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe and in Germany, German Chancellor Olaf Scholz said on Monday.
UniCredit enters into additional instruments relating to …
WEB17 hours ago · Meanwhile, UniCredit has today entered into financial instruments relating to ca. 11.5% Commerzbank shares, Physical settlement under the new financial instruments may only occur after the required approvals have been obtained. Together with the position of ca. 9% communicated previously, UniCredit's overall position now totals ca. …
UniCredit lifts stake in Commerzbank to 21% - Financial Times
WEB6 hours ago · UniCredit has increased its stake in Germany’s Commerzbank from about 9 per cent to 21 per cent, in a move that could kick-start a hostile bid for the rival lender. ... Share News Tips Securely ...
Barclays Helped UniCredit Quietly Build Commerzbank Stake
WEB2 hours ago · UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a move that has shaken European finance and triggered a backlash from the ...
UniCredit Raises Commerzbank Holding to Around 21% — Update
WEB5 hours ago · Sep 23, 2024 5:05am. By Elena Vardon. Italy's UniCredit increased its holding in Commerzbank to around 21%, pending regulatory approval, in a move that could pit it against resistance in Germany ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEB6 hours ago · UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and submitted a request to boost the holding to up to 29.9%.. The Italian bank acquired the ...
UniCredit buys 11.5% of Commerzbank in derivatives, seeks …
WEB6 hours ago · Monday's derivatives contract would hand UniCredit a further 11.5% of Commerzbank, in addition to a 9% stake UniCredit disclosed earlier this month. "The physical settlement under the new ...
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
WEB10 hours ago · Photo: Krisztian Bocsi/Bloomberg News. Italy’s UniCredit UCG -2.59% moved to buy another big chunk of Commerzbank CBK -0.64%, shrugging off German opposition to a possible takeover and upping ...