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UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work.
MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German ...
ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last ...
In addition, UniCredit is one of Europe’s most profitable banks, and it has experience operating in Germany through its ownership of HypoVereinsbank, a Munich-based lender that it acquired in 2008.
Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...
Deeds, not words. Despite the numerous reports (such as Draghi and Letta) and the clear momentum towards ‘more union’ for EU ...
Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet. By Valentina Za, Rachel More and Tom Sims. December 18, 2024 4:41 PM UTC Updated December 18, 2024 ...
Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. Skip to main content.