UniCredit SpA moved to more than double its stake in Commerzbank AG and become its largest shareholder, brushing aside ...
Italian bank says purchase will complete only once it receives regulatory approval to increase holding from 9% ...
UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to ...
UniCredit’s Chief Executive Officer Andrea Orcel subsequently said he’s considering a full takeover. Commerzbank “is a stable ...
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
The German government said Friday it had decided not to sell off any more of its Commerzbank shares "for the time being", after Italy's UniCredit unexpectedly built up a nine-percent stake in the ...
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
Italy’s UniCredit has taken a 9% stake in Germany’s Commerzbank, setting the stage for a pathbreaking cross-border takeover.
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking landscape.
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...