Commerzbank to hold first meeting with UniCredit on Friday
WEB19 hours ago · UniCredit has sent shockwaves through the German establishment by rapidly building a 21 per cent stake in Commerzbank — subject to approval from the European Central Bank for the latest holdings ...
Commerzbank to begin talks with UniCredit as it woos investors …
WEB21 hours ago · Commerzbank will hold a first round of talks with UniCredit on Friday, the German bank's designated CEO Bettina Orlopp said, as the Italian lender presses for a possible tie-up and its rival hones ...
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
WEB13 hours ago · A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to analysts at Citigroup Inc. Citi analysts including Borja Ramirez expect ...
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 ...
Olaf Scholz says Germany opposes a Commerzbank takeover
WEB3 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 ...
Live news: UniCredit will not push for board seat at Commerzbank ...
WEB3 days ago · UniCredit will not ask for a board seat at Commerzbank, according to its chief executive, despite the Italian lender potentially becoming the German bank’s largest shareholder with a 21 per cent ...
Orcel Escalates Commerzbank Fight With Surprise Stake Boost
WEB3 days ago · Save. UniCredit SpAChief Executive Officer Andrea Orcelmoved to more than double the lender’s stake in Commerzbank AG, in a dramatic development that’s likely to escalate tensions with the ...
German authorities caught cold by UniCredit’s swoop on …
WEB1 day 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 swoop ...
UniCredit’s Orcel Says He Won’t Ask for Commerzbank Board Seat
WEB1 day ago · September 25, 2024 at 3:34 AM EDT. Save. UniCredit SpAChief Executive Officer Andrea Orcelsaid he won’t seek a board seat for his lender at Commerzbank AG. Orcel was speaking at a conference.
UniCredit CEO ready to walk away if conditions for Commerzbank …
WEB1 day ago · MILAN, Sept 25 (Reuters) - UniCredit (CRDI.MI) has taken the opportunity to floor the downside of its investment in Commerzbank (CBKG.DE) and can just walk away if the conditions are not right for ...
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