Commerzbank's deputy chair voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit CRDI.MI.
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.
Italian Foreign Minister Antonio Tajani has criticized German Chancellor Olaf Scholz's comments calling UniCredit's purchase ...
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
The German government would oppose a takeover of Commerzbank, a finance ministry source said Monday, after Italy's UniCredit unexpectedly announced it had raised its stake in the German lender to ...
Italy's UniCredit said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to ...