Germany to Keep Commerzbank Shares After UniCredit Takes …
WEB16 hours ago · The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 ...
Explainer: ECB's role in any UniCredit and Commerzbank …
WEB1 day ago · For UniCredit , opens new tab to raise its Commerzbank , opens new tab stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks.
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB1 day ago · Markets. UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say. Tie-up between European banks seen having “strategic merits”. Rival Deutsche Bank is reported to be weighing its ...
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
WEB2 days ago · Recommended. The Italian government is supportive of a Commerzbank takeover — provided that the headquarters of an enlarged pan-European lender remains in Italy, according to people familiar ...
Explainer-ECB's role in any UniCredit and Commerzbank …
WEB1 day ago · UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be ...
UniCredit, Commerzbank merger could add shareholder value, …
WEB5 days ago · BERLIN (Reuters) -A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper on Monday, adding a...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · Berlin’s announcement last week that it was planning to sell down its remaining 16.5 per cent stake in Commerzbank appears to have paved the way for UniCredit’s chief executive Andrea Orcel to ...
Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank
WEBSep 12, 2024 · UniCredit revived its interest in Commerzbank soon after Orcel, who succeeded Mustier, aborted a deal to buy Italian lender Monte dei Paschi di Siena in late 2021. Informal talks were planned...
Exclusive-UniCredit, German government hold talks after Commerzbank …
WEBSep 13, 2024 · BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender's purchase of a 9% stake in Commerzbank, a German government source said on Friday.
Commerzbank shares surge after UniCredit's latest stake …
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 €13. ...