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 ...
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 ...
FRANKFURT, June 12 (Reuters) - Commerzbank (CBKG.DE), opens new tab CEO Bettina Orlopp on Thursday criticized the Italian bank UniCredit (CRDI.MI), opens new tab for talking down the share price of ...
FRANKFURT, July 4 (Reuters) - UniCredit's (CRDI.MI), opens new tab recent push for a tie-up with Commerzbank (CBKG.DE), opens new tab has prompted calls by a top official of the German bank for the ...
MILAN (Reuters) -UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank, the Italian bank's CEO was quoted as saying on Friday. German ...
FRANKFURT (Reuters) - Commerzbank CEO Bettina Orlopp on Wednesday labelled UniCredit's approach for a potential merger as "unfriendly" and said that any deal would likely hurt revenue. Orlopp also ...
UniCredit SpA expanded its equity stake in Commerzbank AG to about 26%, buttressing its role as the German rival’s biggest investor and prompting a fresh rebuke from the government in Berlin. The ...
Commerzbank has strongly resisted a possible takeover by UniCredit since the Italian bank announced in September it had quietly built up a stake in the German group ...
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 ...