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.
MILAN, Sept 23 (Reuters) - Italy's UniCredit (CRDI.MI), opens new tab said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to more than double ...
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 ...