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Germany, UniCredit and Commerzbank
Germany’s Habeck ‘Concerned’ About UniCredit Move on Commerzbank
German Economy Minister Robert Habeck said he’s concerned about UniCredit SpA’s approach of Commerzbank AG, adding to opposition in Berlin to a potential deal.
Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet
Germany rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach" on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank's biggest private investor in September,
Germany opposes UniCredit’s move to raise Commerzbank stake
Germany has reportedly opposed UniCredit's latest attempt to increase its stake in Commerzbank, describing the move as "uncoordinated and unfriendly". This response comes as the Italian banking giant UniCredit increased its potential stake in Germany’s Commerzbank to 28% from the current nearly 21% interest, reported Reuters.
Germany Criticises UniCredit's 'Unfriendly' Moves On Commerzbank
Italian bank UniCredit's move to increase its stake in German lender Commerzbank, which further fuelled speculation of a takeover bid, was "uncoordinated and unfriendly", the German government said Wednesday.
Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says
Germany will not subject any potential takeover of Commerzbank by Italy's UniCredit to an investment screening, a German government source said on Thursday.
Italy's UniCredit secures additional shares in Germany's Commerzbank
Major Italian bank UniCredit is expanding its stake in German lender Commerzbank through financial instruments, with the total position now amounting to around 28%, the Italian bank announced on Wednesday.
UniCredit ups pressure on Commerzbank, fuelling German anger
Italian bank UniCredit said Wednesday it had boosted its stake in Germany's Commerzbank, intensifying takeover speculation and sparking condemnation from Berlin of an "unfriendly" move at a time the country is in political limbo.
Opinion
7h
Opinion
European Banking M&A Is Finally Here — Maybe
The European banking industry has been supposedly on the verge of a flood of mergers and takeovers for at least a decade — ...
4d
Germany’s Commerzbank has a bumpy history with big M
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. These are some ...
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