UniCredit ramps up stake-build in Commerzbank with 21% holding
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German government’s block sale of shares, and Monday’s announcement of an extra 11.5% position, UniCredit will control just under 21% of Commerzbank.
Employees of Commerzbank protest against a potential takeover battle by UniCredit, in front of the Commerzbank headquarters ...
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because ...
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival ...
DPA International on MSN6h
UniCredit's move on Commerzbank could 'destroy' lender, union saysThe major German services sector union Verdi is demanding that the government exhaust all options in the takeover battle for ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback