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Italy's second biggest bank UniCredit owns an equity stake of around 20%, with corresponding voting rights, in Commerzbank ...
UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor ...
UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, increased its equity stake in the German firm and ...
UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the Italian bank doubles down on a potential takeover of Germany’s second-largest lender despite ...
UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was effectively blocking a ...
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 NBC 5 for free ...
MILAN (Reuters) -UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was ...
UniCredit has built a surprise stake in Commerzbank of 28% since September through derivatives and has the European Central Bank's authorization to hold up to 29.9% in the lender.
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.
FRANKFURT (Reuters) -Commerzbank CEO Bettina Orlopp on Thursday criticized the Italian bank UniCredit for talking down the share price of the German lender by saying its shares had risen excessively.
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