Germany's Scholz slams UniCredit 'attack' on Commerzbank, stiffening opposition
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Germany's Commerzbank Has a Bumpy History With Big M&A
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. The bank was ...
Warburg Research Sticks to Their Buy Rating for Commerzbank (0RLW)
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of ...
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Germany must oppose UniCredit takeover of Commerzbank, employees say
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit as workers fear ...
Italy Grows Annoyed as Germany Criticizes Moves on Commerzbank
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
Commerzbank lacks a good defence for UniCredit’s ‘frenemy’ hug
That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank. The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for ...
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.