Commerzbank to begin talks with UniCredit as it woos investors …
WEB1 day ago — Shares in Commerzbank, which unveiled higher profit goals on Thursday in a bid to bolster support from investors as it tries to fend off a UniCredit advance, extended their gains on news of the ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEB4 days ago — Commerzbank headquarters in the financial district of Frankfurt, Germany, on Sept. 12, 2024. UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and ...
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
WEB16 hours ago — September 26, 2024 at 10:21 AM EDT. Save. A merger between UniCredit SpAand Commerzbank AGis likely, despite opposition from the German government, according to analysts at Citigroup Inc. Citi ...
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. Market observers told CNBC on Tuesday that the ...
Germany Opposes Commerzbank Takeover But Concedes Hands …
WEB1 day ago — The German government reiterated its opposition to any takeover of Commerzbank AGwhile indicating its powers to intervene are limited. Commerzbank should remain independent as it’s “very ...
Commerzbank Set to Have First Meeting With UniCredit Tomorrow
WEB22 hours ago — Incoming Commerzbank AG Chief Executive Officer Bettina Orlopp said the lender’s leadership will have a meeting with UniCredit SpA on Friday as the Italian lender prepares a potential takeover.
Commerzbank warns UniCredit merger is threat to German …
WEB4 days ago — Commerzbank’s management has warned the German government that a potential multibillion-euro merger with UniCredit is a threat to businesses that make up the backbone of Europe’s biggest ...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 — Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEBSep 16, 2024 — Opposition politicians riled by top government officials caught unaware of talks with Italian lender. JPMorgan Chase bankers who advised the German government on the 4.5% stake sale in...
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...