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Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Berlin warns UniCredit against Commerzbank takeover attempt
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian bank revealed it had significantly increased its stake in Germany's Commerzbank.
Commerzbank warns UniCredit merger is threat to German businesses, FT reports
Commerzbank's management has warned the German government that a potential multibillion euro merger with Italy's second-largest bank UniCredit is a threat to businesses that make up the backbone of Europe's biggest economy,
UniCredit angers Germany by quietly amassing a stake in Commerzbank
UniCredit chief executive officer Andrea Orcel used Barclays to help quietly build up a stake in Commerzbank, a move that has shaken European finance and triggered a backlash from the German government.
Germany warns UniCredit against "hostile takeover" of Commerzbank
German Chancellor Olaf Scholz warned against a "hostile takeover" of Commerzbank, after Italy's UniCredit revealed it had significantly increased its stake in Germany's second largest bank, from 9% to 21%.
Commerzbank, UniCredit shares fall as Germany plans to keep 12% stake
By Tom Sims FRANKFURT (Reuters) -Shares of Commerzbank and UniCredit fell on Monday after the German government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with the Italian lender on hold.
StringersHub on MSN
5h
Germany: Thousands of demonstrators marched silently through central Berlin
Thousands of demonstrators marched silently through central Berlin on Saturday, September 21, 2024, in the annual "March for ...
alliancemagazine.org
13m
Europe’s first dedicated journalism house opens in Berlin
Europe’s first dedicated journalism house has opened in the German capital city of Berlin. It is the culmination of a ...
The Cullman Times
26m
Berlin names architect for farmers market and park project
Progress toward breaking ground on Berlin’s first municipal park took a significant step this week as the Berlin Town Council ...
2d
2 animals rescued after Berlin strip mall fire
The Berlin Fire Department rescued two animals from a veterinarian’s office in a strip mall that caught fire Saturday ...
Christianity Today
23h
Berlin Church Plant Embraces All That Jazz
It’s Saturday night, and you’re looking for jazz in Germany’s capital. You could catch an after-midnight jam session at ...
19h
Berlin closes season with monster trucks
The race season comes to an end at Berlin Raceway Saturday. Monster trucks are part of the show. (Sept. 18, 2024) ...
WTNH on MSN
22h
Animals saved from fire in Berlin commercial building
BERLIN
, Conn. (WTNH) — Two animals were saved from a commercial building’s damaging fire Saturday, according to
Berlin
fire officials. Fire crews were dispatched around 4:44 p.m. to 369 New ...
Plastics News
22h
Kickstart: Sharing ownership at Berlin Packaging
Berlin Packaging launched the 1Berlin Shared Ownership Program on Sept. 19, providing all of its workers with at least two ...
2d
A Note From Irving Berlin, the ‘Nation’s Songwriter’
Few songwriters and composers were as prolific as Irving Berlin, whose vast musical catalog includes well-known songs such as ...
The Peninsula
4h
QatarDebate successfully concludes Adjudicators Academy in Berlin
Berlin: In cooperation with the Arab Cultural House (The Diwan) in Germany, QatarDebate wrapped up the Adjudicators Academy on Sunday. Held in ...
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