UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream San Diego News for ...

Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move positions UniCredit as the largest shareholder of Commerzbank, surpassing ...

MILAN (Reuters) -Italy's UniCredit is ready to let its offer for Banco BPM lapse, CEO Andrea Orcel said on Tuesday, but added the situation was different for Commerzbank where his bank owns a 28% ...

UniCredit SpA Chief Executive Officer Andrea Orcel effectively ruled out making an offer for Commerzbank AG at the current price, saying such a move wouldn’t add value after a rally in the stock. “We ...

UniCredit Chief Executive Andrea Orcel said a significant number of jobs would be eliminated if it took over German peer Commerzbank but the figure would be lower than what has been speculated. "I ...

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a possible takeover ...

BERLIN (Reuters) -UniCredit CEO Andrea Orcel said the Italian lender may consider the sale of its stake in Germany's Commerzbank to a bank outside the European Union if it received a good offer that ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a ...