Commerzbank Falls as UniCredit Approach Runs Into Opposition
Commerzbank AG dropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any ...
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 ...
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German union appeals to Berlin to prevent Commerzbank sale to UniCredit
FRANKFURT (Reuters) – A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank, warning of massive job losses if the deal goes through. The warning by ...
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Barclays, Bank of America helped Andrea Orcel buy Commerzbank stake
UNICREDIT chief executive officer Andrea Orcel used Barclays and Bank of America to help him quietly build up a stake in ...
Germany to retain Commerzbank shares as bank strives for independence
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
Commerzbank lacks a good defence for UniCredit’s ‘frenemy’ hug
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 ...