Italian bank UniCredit’s bid for German stalwart Commerzbank provokes outrage
In a 2005, in a shock-and-awe move, UniCredit snapped up Bavaria’s historic HypoVereinsbank (HVB) for €15 billion. Since then ...
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 ...
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 ...
UniCredit Raises Commerzbank Holding to Around 21%
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
DPA International on MSN50m
UniCredit's move on Commerzbank could 'destroy' lender, union says
The major German services sector union Verdi is demanding that the government exhaust all options in the takeover battle for ...