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UniCredit, Commerzbank
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank
By Valentina Za, Tom Sims and Andreas Rinke 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,
Italy's UniCredit boosts stake in Germany's Commerzbank to 21%
Italian bank UniCredit ( OTCPK:UNCFF) ( OTCPK:UNCRY) said Monday it increased its stake in Commerzbank ( OTCPK:CRZBF) ( OTCPK:CRZBY) to around 21% through financial instruments and submitted an application to own up to 29.9% of the German lender.
2h
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Mena FN
4h
Unicredit Ups Stake In Commerzbank To 21%
The move effectively makes
UniCredit
the largest shareholder of Commerzbank ahead of the German state, which has shown no ...
16m
Germany's Scholz Warns Against 'Unfriendly' Bank Takeovers
German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.
moneycontrol.com
2h
Germany warns UniCredit against Commerzbank takeover attempt
German Chancellor Olaf Scholz issued a sharp warning to
UniCredit
to refrain from "unfriendly" acts Monday after the ...
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