Exclusive: Commerzbank considers buying German rival to ward …
1 day ago · FRANKFURT, Nov 12 (Reuters) - Commerzbank (CBKG.DE), opens new tab is considering buying a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit (CRDI ...
New German Finance Chief Slams UniCredit’s Commerzbank …
1 day ago · November 12, 2024 at 10:38AM EST. Joerg Kukies in Berlin, on Nov. 12. Photographer: Krisztian Bocsi/Bloomberg (Krisztian Bocsi/Bloomberg) (Bloomberg) -- Germany’s new finance minister used his first public speech since taking office to voice sharp criticism of the tactics UniCredit SpA used in building a major stake in Commerzbank AG.
Exclusive-Commerzbank considers buying domestic rival in UniCredit …
1 day ago · LONDON (Reuters) - Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit, three people with knowledge of ...
UniCredit touts Commerzbank merger merits as both banks lift …
Nov 6, 2024 · UniCredit, which is now awaiting supervisory approval to become the main investor in Commerzbank, said it aimed to replicate in 2025 and 2026 a recently raised 2024 profit goal of more than 9 ...
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank - The New ...
Nov 1, 2024 · But in the weeks since UniCredit, a multinational bank based in Milan, swooped in to take a 21 percent stake in Commerzbank, one of Germany’s largest lenders, that fondness has been shown to ...
UniCredit CEO pushes merger credentials as it outperforms Commerzbank
Nov 6, 2024 · UniCredit said its German business is a "mirror image" of Commerzbank and the better performance of UniCredit Germany in recent years is proof of what could be achieved if it were allowed to ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
Sep 23, 2024 · UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and submitted a request to boost the holding to up to 29.9%. The Italian bank acquired the...
Commerzbank shares surge after UniCredit's latest stake …
Sep 12, 2024 · Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was...
UniCredit CEO approaches Commerzbank about merger after …
FRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...
UniCredit-Commerzbank Deal Could Create Value, Intesa CEO Says
Oct 3, 2024 · Intesa Sanpaolo Chief Executive Officer Carlo Messina said a takeover of Commerzbank AG by UniCredit SpA could be good for shareholders.