With UniCredit's takeover bid due to close shortly, Commerzbank is appealing to its shareholders to remain loyal: "Do not ...
The bid will be reopened for Commerzbank investors from 20 June until 3 July, according to UniCredit.
A small portion of its institutional investors have accepted UniCredit’s takeover offer, Commerzbank said, after saying ...
The federal government, which holds 12% of the shares, has rejected the Italian bank’s bid for the German lender, calling it aggressive and hostile. UniCredit soars on the stock market as the ...
The heated takeover battle between Commerzbank and Unicredit continues to escalate. Commerzbank’s General Works Council ...
Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the ...
By Tom Sims and Valentina Za FRANKFURT/MILAN, June 16 (Reuters) - Germany has officially rejected UniCredit's offer for Commerzbank shares, the country's finance agency said on Tuesday, citing a low ...
Commerzbank and UniCredit began talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month. The ...
By Valentina Za and Tom Sims MILAN, June 23 (Reuters) - UniCredit CEO Andrea Orcel said on Tuesday it was more likely than initially expected that the European Central Bank would declare the Italian ...
UniCredit said market take-up of its buyout offer for Commerzbank reached 10.9% on Tuesday, while the German bank said it had ...
By Valentina Za MILAN, June 15 (Reuters) - Italian bank UniCredit on Monday dismissed as groundless suggestions by Commerzbank that the real take-up in its buyout offer is lower than data show, and ...
Germany has rejected UniCredit’s takeover offer for Commerzbank, saying the bid does not include an appropriate premium, and reaffirmed support for the German lender’s independence. The ...