UniCredit's move on Commerzbank draws fire from German government
Chancellor Olaf Scholz expressed sharp criticism on Monday of Italy's UniCredit bank for the way it is accumulating shares in Germany's Commerzbank in apparent preparation for a hostile takeover. "Unfriendly attacks and hostile takeovers are not something that are a good thing for banks,
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
Commerzbank shares fell after the German government said it decided to keep its stake in the lender for the time being, ...
Italian bank says purchase will complete only once it receives regulatory approval to increase holding from 9% ...
FRANKFURT (Reuters) - Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12 ...
UniCredit increased its holding in Commerzbank to around 21% through the purchase of additional instruments, the Italian bank ...
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