unicredit germany news

UniCredit Ups Ante in Pursuit of Germany’s Commerzbank

The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.

Reuters on MSN · 4h

Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank

By Valentina Za, Tom Sims and Andreas Rinke 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,

Seeking Alpha · 6h

Italy's UniCredit boosts stake in Germany's Commerzbank to 21%

Italian bank UniCredit ( OTCPK:UNCFF) ( OTCPK:UNCRY) said Monday it increased its stake in Commerzbank ( OTCPK:CRZBF) ( OTCPK:CRZBY) to around 21% through financial instruments and submitted an application to own up to 29.9% of the German lender.

German Chancellor Scholz calls UniCredit’s moves on Commerzbank ‘unfriendly’

The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...

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 ...

moneycontrol.com5h

Germany warns UniCredit against Commerzbank takeover attempt

German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the ...

Germany's Scholz Warns Against 'Unfriendly' Bank Takeovers

German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.

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