Factbox-What Might a Combination of UniCredit and Commerzbank Look Like?
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in Germany's second-biggest publicly-listed bank have gained 30% since UniCredit unveiled its initial holding on Sept. 10, as markets bet on a full takeover.
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Italy’s UniCredit won’t seek a seat on Commerzbank’s supervisory board despite a recent move to become the German bank’s ...
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the ...
Andrea Orcel, CEO of UniCredit, aims to create a new pan-European banking giant by pursuing a merger with Germany's ...
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Italian banking group Unicredit’s pursuit of Germany’s Commerzbank highlights Europe’s economic struggles and potential ...
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