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UniCredit, Commerzbank
Commerzbank officials threaten bitter fight with UniCredit
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition to any takeover of the German bank by Italy's UniCredit, personally attacking UniCredit's CEO Andrea Orcel and vowing they were in for a long fight.
Germany’s Lindner Says UniCredit Rattled Commerzbank Investors
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because UniCredit SpA’s surprise move on the lender had unnerved investors.
UniCredit ups stake in Commerzbank to 21 percent
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a takeover of its German rival.
15m
Analysis-Germany talks tough but has limited room to halt UniCredit's advance on Commerzbank
UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political establishment in opposition to his ...
3h
on MSN
UniCredit's stake in Commerzbank puts Europe's vision of a banking union in focus: Analyst
Craig Coben, former global head of equity capital markets at Bank of America, says Europe's vision of a banking union is what ...
31m
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 ...
5h
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.
1d
UniCredit eleva sorpresivamente su participación en Commerzbank
El director ejecutivo de UniCredit SpA, Andrea Orcel, sorprendió al mercado al duplicar con creces la participación del banco ...
20h
German Chancellor Scholz calls UniCredit’s moves on Commerzbank ‘unfriendly’
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
1d
on MSN
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.
1d
on MSN
UniCredit buys 11.5% of Commerzbank in derivatives, seeks approval for 29.9%
Italy's UniCredit said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to ...
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