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Commerzbank commits to strategy

Italy's UniCredit doubles equity stake in Germany's Commerzbank to 20%

UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it seeks to win over opposition to a possible takeover of the rival. UniCredit converted derivatives representing around 10% of Commerzbank to shares,

DPA International on MSN · 1d

Berlin 'expects' Italy's UniCredit to drop Commerzbank takeover bid

The German government on Thursday called on UniCredit chief Andrea Orcel to drop the Italian lender's bid to take over German banking giant Commerzbank "We expect UniCredit to abandon its takeover attempt.

Northeast Mississippi Daily Journal · 2d

Commerzbank commits to strategy as UniCredit ups direct stake

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.

2don MSN

Italy's UniCredit awaits ruling on Banco BPM deal after lifting Commerzbank voting stake

An Italian court will hear on Wednesday an appeal by UniCredit against government conditions hampering its $17 billion bid ...

Brash Italian banker seeking to lift barriers to European deals may make it harder for others

Dimon – the go-to for US authorities when looking for a rescue buyer for ailing banks during times of crisis, having taken on ...

finews.com3d

UniCredit Persists in Pursuit of Commerzbank

Italian financial group UniCredit continues to push for a takeover of Germany’s Commerzbank. The bank has begun converting ...

U.S. News & World Report3d

Italy's UniCredit Awaits Ruling on Banco BPM Deal After Lifting ...

Meanwhile, UniCredit said late on Tuesday it had doubled its equity and voting stake in Commerzbank to around 20% by converting derivative contracts worth around 10% of the bank's capital.

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