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UniCredit lifts stake in Commerzbank
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
Italy’s UniCredit moved to buy another big chunk of Commerzbank, shrugging off German opposition to a possible takeover and upping the ante in its attempt to create a European banking champion with nearly $1.
Barclays Helped UniCredit Quietly Build Commerzbank Stake
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 German government.
UniCredit reaches deal to boost Commerzbank stake
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.
48m
Commerzbank lacks a good defence for UniCredit’s ‘frenemy’ hug
UniCredit, too, does not need to buy Commerzbank outright to make money. It can gain as a significant shareholder, while exploring other options to combine parts of the businesses. It latest move ...
5h
on MSN
Italy's foreign minister praises UniCredit's Commerzbank move
UniCredit is "doing well" to act within the European Union's internal market, Italian Foreign Minister Antonio Tajani told ...
CBS19 News
1h
Berlin warns UniCredit against Commerzbank takeover attempt
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
4h
UniCredit raises stake in Commerzbank to 21%, seeks approval to increase holding to 29.9%
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...
In Depth
4d
In Depth
Explainer: ECB's role in any UniCredit and Commerzbank combination
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
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Related topics
Commerzbank
Germany
Andrea Orcel
ECB
Europe
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