Commerzbank to begin talks with UniCredit as it woos investors …
WEBFRANKFURT, Sept 26 (Reuters) - Commerzbank (CBKG.DE) will hold a first round of talks with UniCredit (CRDI.MI) on Friday, the German bank's designated CEO Bettina Orlopp said, as the Italian...
Italy could intervene over UniCredit HQ in Commerzbank deal
WEB2 days ago · ROME, Sept 30 (Reuters) - Italy fears that UniCredit (CRDI.MI) may shift its central offices to Germany as part of any deal with Commerzbank (CBKG.DE), government officials said, adding Rome...
Commerzbank and UniCredit set to meet as takeover prospect …
WEB6 days ago · UniCredit earlier this month took a 9% stake in Commerzbank, before looking to boost it to 21% earlier this week and putting in a request to hold as much as a 29.9% stake in the German bank,...
New Commerzbank CEO expected to fight a potential UniCredit …
WEBSep 24, 2024 · Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight a possible takeover of the German bank by Italy’s UniCredit.
UniCredit enters into additional instruments relating to Commerzbank …
WEBSep 23, 2024 · Meanwhile, UniCredit has today entered into financial instruments relating to ca. 11.5% Commerzbank shares, Physical settlement under the new financial instruments may only occur after the required approvals have been obtained.
German authorities caught cold by UniCredit’s swoop on Commerzbank
WEBSep 25, 2024 · Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from...
What buying Commerzbank would mean for UniCredit and …
WEBSep 19, 2024 · Commerzbank shares jumped 20% on the day UniCredit’s stake was announced. Shares of the German lender are up around 48% so far this year and added another 3% on Wednesday.
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEBSep 16, 2024 · Top officials in Berlin were not briefed in advance about an invitation for UniCredit to bid for a German government stake in Commerzbank, said three people familiar with the events, despite...
Commerzbank warns UniCredit merger is threat to German …
WEBSep 23, 2024 · 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 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...