Germany's Scholz shuts door to UniCredit after 'attack' on …
WEB12 hours ago · 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 growing hostility towards ...
Germany's Scholz slams UniCredit's 'hostile' move on Commerzbank
WEB8 hours ago · UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe and in Germany, German Chancellor Olaf Scholz said on Monday.
UniCredit Raises Commerzbank Stake to 21% Amid Berlin …
WEB12 hours ago · UniCredit entered into financial instruments relating to an additional 11.5% stake in Commerzbank, according to a filing by the Italian bank, which already owns about 9% of the German rival.
UniCredit lifts stake in Commerzbank to 21% - Financial Times
WEB12 hours ago · UniCredit has increased its stake in Germany’s Commerzbank from about 9 per cent to 21 per cent, in a move that could kick-start a hostile bid for the rival lender. ... Share News Tips Securely ...
UniCredit raises stake in Germany's Commerzbank to 21%
WEB9 hours ago · UniCredit has announced it has increased its stake in German lender Commerzbank, in a move likely to inflame tensions with Berlin. The Italian bank said it was raising its stake from around 9% to ...
UniCredit enters into additional instruments relating to …
WEB23 hours ago · Meanwhile, UniCredit has today entered into financial instruments relating to ca. 11.5% Commerzbank shares, Physical settlement under the new financial instruments may only occur after the required approvals have been obtained. Together with the position of ca. 9% communicated previously, UniCredit's overall position now totals ca. …
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEB12 hours ago · Shares pared losses following news that UniCredit had increased its position and applied to acquire more. This is a developing story. Please refresh for updates.
Barclays Helped UniCredit Quietly Build Commerzbank Stake
WEB8 hours ago · UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a move that has shaken European finance and triggered a backlash from the ...
UniCredit reaches deal to boost Commerzbank stake
WEB12 hours ago · UniCredit said it's entered into a financial instrument to buy another 11.5% of Commerzbank on top of the 9% it acquired during a government auction. It said settlement won't occur for the new ...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a...