Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
WEB9 hours ago · Commerzbank shares trade at a big discount to the underlying value of its assets. Photo: Krisztian Bocsi/Bloomberg News. The battle for Germany’s Commerzbank CBK -5.68% heated up Monday, with ...
Italy Grows Annoyed as Germany Criticizes Moves on Commerzbank
WEB14 hours ago · September 23, 2024 at 1:05 PM EDT. Save. Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by Milan-based UniCredit Spa ...
UniCredit's move on Commerzbank draws fire from German …
WEB1 day ago · On Monday, UniCredit announced it had boosted its stake in Commerzbank to around 21% through the purchase of financial instruments relating to 11.5% of the shares. The Milan-based international ...
Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank
WEB20 hours ago · MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival Commerzbank with a potential 21% stake, marking ...
Berlin warns UniCredit against Commerzbank takeover attempt
WEB17 hours ago · Milan (Italy) (AFP) – Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a takeover of its German ...
Italy's foreign minister praises UniCredit's Commerzbank move
WEB19 hours ago · Item 1 of 2 Italy's Foreign Affairs Minister Antonio Tajani attends the European House - Ambrosetti Forum, an annual conference that gathers business and political leaders at the end of the summer ...
Italy's Unicredit raises stake in Germany's Commerzbank to 21%
WEB1 day ago · Italy's Unicredit announced on Monday that it has boosted its stake in Commerzbank to around 21% through the purchase of financial instruments relating to 11.5% of the shares in Germany's second ...
UniCredit Raises Commerzbank Holding to Around 21% — Update
WEB19 hours ago · Sep 23, 2024 5:05am. By Elena Vardon. Italy's UniCredit increased its holding in Commerzbank to around 21%, pending regulatory approval, in a move that could pit it against resistance in Germany ...
UniCredit uses derivatives to get 21% Commerzbank stake - RTÉ
WEB23 hours ago · UniCredit buys 11.5% of Commerzbank in derivatives, seeks approval for 29.9%. Italy's UniCredit said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts to ...
News updates from September 11: Italy’s UniCredit buys 9% of ...
WEBSep 10, 2024 · Italian lender UniCredit has bought a 9 per cent stake in its German rival Commerzbank and is taking regulatory steps to increase its stake further, in a move that may open the door to a...
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