Germany, UniCredit and Commerzbank
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Deutsche Bank stands to benefit from the takeover battle surrounding German lender Commerzbank, chief executive Christian Sewing said on Tuesday. Deutsche Bank is ready to take on new customers, Sewing said at a financial conference organized by US bank Morgan Stanley,
By Tom Sims FRANKFURT, March 16 (Reuters) - Italy's UniCredit launched an offer to raise its Commerzbank stake above 30% on Monday, in a bid to end an 18-month stalemate and get its German rival to enter merger talks.
Move would cross key regulatory threshold and could pave way for takeover bid of German lender - Anadolu Ajansı