DZ Bank CEO Says UniCredit’s Commerzbank Deal Could Make …
WEB8 hours ago · A senior German banker said there a several reasons why a takeover of Commerzbank AGby UniCredit SpAcould be beneficial, demonstrating that the strong opposition to the potential deal by the ...
Commerzbank to begin talks with UniCredit as it woos investors …
WEB5 days ago · Commerzbank will hold a first round of talks with UniCredit on Friday, the German bank's designated CEO Bettina Orlopp said, as the Italian lender presses for a possible tie-up and its rival hones ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEBSep 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...
What buying Commerzbank would mean for UniCredit and …
WEBSep 19, 2024 · Commerzbank shares jumped 20% on the day UniCredit’s stake was announced. Shares of the German lender are up around 48% so far this year and added another 3% on Wednesday.
Commerzbank and UniCredit set to meet as takeover prospect …
WEB4 days ago · Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this ...
Commerzbank shares surge after UniCredit's latest stake …
WEBSep 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 Says EU Needs Bigger Banks as He Eyes Commerzbank
WEB9 hours ago · October 1, 2024 at 8:45 AM EDT. Save. UniCredit SpAChief Executive Officer Andrea Orcel, who’s pursuing a potential takeover of German rival Commerzbank AG, said Europe’s banks aren’t large ...
UniCredit enters into additional instruments relating to Commerzbank …
WEBSep 23, 2024 · Consistent with its statement on 11 September 2024, UniCredit submitted the required regulatory filing for acquiring a stake in Commerzbank in excess of 10% up to 29.9%. Meanwhile, UniCredit has today entered into financial instruments relating to ca. 11.5% Commerzbank shares, Physical settlement under …
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/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...
New Commerzbank CEO expected to fight a potential UniCredit …
WEBSep 24, 2024 · Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight a possible takeover of the German bank by Italy’s UniCredit. Orlopp, currently ...