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UniCredit, Commerzbank
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Germany’s second-largest bank to 21 percent, making it the largest shareholder.
Germany’s Lindner Says UniCredit Rattled Commerzbank Investors
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because UniCredit SpA’s surprise move on the lender had unnerved investors.
18h
German Chancellor Scholz calls UniCredit’s moves on Commerzbank ‘unfriendly’
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
14h
Unicredit’s Maneuvers Raise Temperature Between Rome and Berlin
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
1d
Commerzbank Falls as UniCredit Approach Runs Into Opposition
Commerzbank AG dropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any ...
1d
on MSN
UniCredit reaches deal to boost Commerzbank stake
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...
Ansa on MSN
6h
'Free market in EU' says Tajani of UniCredit-Commerzbank
Deputy Premier and Foreign Minister Antonio Tajani said "there is a free market in Europe", commenting UniCredit's ...
1d
on MSN
Commerzbank board member condemns UniCredit's 'inappropriate aggressive act'
Stefan Wittmann, a member of Commerzbank's supervisory board, on Monday condemned the buildup by UniCredit of its stake in ...
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