Decided against unsolicited bid and won't consider it Could just sell Commerzbank stake at a profit Believes UniCredit's approach was welcome UniCredit CEO Andrea Orcel told Italian daily Il ...
BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI), opens new tab and Commerzbank (CBKG.DE), opens new tab could add value for all stakeholders and create a stronger bank, UniCredit CEO ...
(Bloomberg) -- The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed UniCredit SpA to swoop in and take a major stake in the lender.
Commerzbank AG Chief Executive Officer Manfred Knof said he’ll study any proposals coming from UniCredit AG after the Italian lender bought a stake and said it wants to play an active role in ...
The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AG despite UniCredit SpA’s move to buy all the shares offered last week, according to people ...
The recent sale of Commerzbank shares to UniCredit has failed on both counts, offering a textbook example of how not to create price tension in a capital markets offering. The €700mn disposal of ...
Click here to find out more info. Anastasia Pavlyuchenkova booked a spot in her first Cincinnati Open quarterfinal in nine years after besting Olympic champion Zheng Qinwen in the Round of 16. Why not ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top officials in Berlin were not briefed in advance about an invitation for UniCredit to bid for a German ...
Michael Chong, the Tory foreign affairs critic, said the federal government should shed its culture of secrecy and disclose more information about threats to better inform the public. Chong said ...
Betty Yu is an Emmy Award winning reporter, who joined KTVU in April 2024. She is a dynamic force in journalism, reporting on critical issues from public safety and community engagement to pop ...
Chief executive of UniCredit bank Andrea Orcel openly acknowledged Monday that he favored a merger with Commerzbank, days after the Italian lender unexpectedly acquired a 9% stake in Germany's ...
(Bloomberg) -- The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AG despite UniCredit SpA’s move to buy all the shares offered last week, according to ...