UniCredit Boosts Commerzbank Stake, Eyes Potential Takeover
Italian banking giant UniCredit has increased its stake in German rival Commerzbank from 9% to 21%, signaling a potential move toward a full takeover. UniCredit announced on Monday that the expansion of its stake aims to "unlock" Commerzbank's "substantial value" as the Italian lender continues to increase its influence in the German banking sector.
Employees of Commerzbank protest against a potential takeover battle by UniCredit, in front of the Commerzbank headquarters ...
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
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.
El director ejecutivo de UniCredit SpA, Andrea Orcel, sorprendió al mercado al duplicar con creces la participación del banco ...
German Chancellor Olaf Scholz on Monday issued a sharp warning to UniCredit to refrain from "unfriendly" acts after the Italian bank revealed it had significantly increased its stake in Germany's ...
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling ...
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