The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
US and European shares nudged higher Monday as momentum from last week was restrained by weaker eurozone economic data.
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
European shares closed higher on Monday as a soft business activity reading strengthened the case for more monetary policy ...
Scientific publisher to be first to price autumn IPO, begin bookbuilding on Tuesday for year's third flotation in Germany ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
US and European shares nudged higher Monday as momentum from last week was restrained by weak eurozone economic data.