Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Germany’s second-largest bank to 21 percent, making it the largest shareholder.
With an election due in a year, German politicians are wary of potential job losses among Commerzbank's 40,000 staff and the ...
Commerzbank supervisory board members on Tuesday voiced fierce opposition to any takeover of the German bank by Italy's ...
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
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Victoria Farr BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's ...
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'Free market in EU' says Tajani of UniCredit-CommerzbankDeputy Premier and Foreign Minister Antonio Tajani said "there is a free market in Europe", commenting UniCredit's ...
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 ...
The German government does not see legal powers it could use to prevent the takeover of Commerzbank by Italy's UniCredit , ...
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