Germany on the defensive as UniCredit gains some support for ...
WEB5 days ago · Knof will leave as CEO of Commerzbank on Sept. 30. MILAN/BERLIN, Sept 25 (Reuters) - Germany cranked up its opposition on Wednesday to UniCredit's (CRDI.MI) raid on Commerzbank (CBKG.DE) at the ...
UniCredit overtures hold few fears for Germany's Mittelstand
WEB5 days ago · Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist UniCredit's overtures. ... the news and ...
Germany on the defensive as UniCredit gains some support for ...
WEB5 days ago · UniCredit angered the German government this week by raising its holding in Commerzbank to close to 21%, conditional on European Central Bank approval, using derivative instruments.
Commerzbank to hold first meeting with UniCredit on Friday
WEB4 days ago · UniCredit has sent shockwaves through the German establishment by rapidly building a 21 per cent stake in Commerzbank — subject to approval from the European Central Bank for the latest holdings ...
Analysis-Germany Talks Tough but Has Limited Room to Halt UniCredit…
WEB6 days ago · BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political establishment in opposition to his stakebuilding in Commerzbank, the country's...
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 economy.
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
WEB4 days ago · A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to analysts at Citigroup Inc.. Citi analysts including Borja Ramirez expect ...
Berlin warns UniCredit against Commerzbank takeover attempt
WEBSep 23, 2024 · UniCredit notably acquired 4.5 percent of its stake from the German government itself -- after Berlin said it would start selling down its holdings in Commerzbank, citing the bank's improved ...
UniCredit Overtures Hold Few Fears for Germany's Mittelstand - U.S. News
WEB5 days ago · BERLIN (Reuters) - Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist UniCredit's overtures.
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...