UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" moves such as an unsolicited buyout bid.
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Another person with direct knowledge of the matter said UniCredit’s “assault” on Commerzbank was perceived in Berlin as an “unfriendly act.” The person added it was “nonsensical” for UniCredit’s chief executive Andrea Orcel to argue the German government welcomed his bid.
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The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed ...
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
Angesichts der Möglichkeit, dass die italienische UniCredit die Commerzbank übernehmen will, wollen die Frankfurter ...
In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Commerzbank (0RLW – Research Report), with a ...
Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board ...
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