Germany on the defensive as UniCredit gains some support for ...
WEB2 days ago · Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the German lender called for talks, which are being sought by the Italian ...
Germany's Commerzbank promises better returns after UniCredit …
WEB1 day ago · Commerzbank on Thursday announced plans to increase the return on equity for investors by more than 12% by 2027, higher than previously planned. The bank's return on equity in 2023 was about 8% ...
UniCredit Flagged Commerzbank Interest to Germany Ahead of …
WEB1 day ago · 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 Germany’s ...
Germany Opposes Commerzbank Takeover But Concedes Hands …
WEB2 days ago · The German government reiterated its opposition to any takeover of Commerzbank AG while indicating its powers to intervene are limited.
Hostile takeover of Commerzbank harbours great risk, German …
WEB2 days ago · Hostile takeovers harbour great risks, German finance ministry state secretary Florian Toncar said on Wednesday about UniCredit's stake-building in Commerzbank .
German authorities caught cold by UniCredit’s swoop on Commerzbank …
WEB2 days ago · Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion euro merger of Frankfurt-based Commerzbank.
Olaf Scholz says Germany opposes a Commerzbank takeover
WEB4 days ago · German Chancellor Olaf Scholz has come out against a UniCredit takeover of Commerzbank after the Italian lender said it was raising its stake from about 9 per cent to 21 per cent. UniCredit on ...
Commerzbank shares surge after UniCredit's latest stake acquisition
WEBSep 12, 2024 · Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEBSep 16, 2024 · The sudden move to become Commerzbank’s second-biggest shareholder — behind the government with its remaining 12 per cent — caught the German establishment off-guard, ignited public opposition to...
Berlin warns UniCredit against Commerzbank takeover attempt
WEB3 days ago · German Chancellor Olaf Scholz on Monday issued a sharp warning to UniCredit to refrain from "unfriendly" acts after the Italian bank revealed it had significantly increased its stake in Germany's ...