Germany rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach" on Wednesday, ...
Germany has reportedly opposed UniCredit's latest attempt to increase its stake in Commerzbank, describing the move as ...
German Economy Minister Robert Habeck said he’s concerned about UniCredit SpA’s approach of Commerzbank AG, adding to ...
German car giants, threatened by Chinese rival, employ 7% of total workforce and contribute about 5% of the annual tax take ...
Italian bank UniCredit said Wednesday it had boosted its stake in Germany's Commerzbank, intensifying takeover speculation ...
UniCredit has since built its exposure to Germany's second-largest bank through derivatives as it awaits regulatory approval to take control of the shares. A large portion of UniCredit's shares ...
Investors are watching whether UniCredit will proceed with a takeover venture of Germany’s Commerzbank or Italian peer Banco ...
Major Italian bank UniCredit is expanding its stake in German lender Commerzbank through financial instruments, with the ...
Unicredit, Italy's second largest bank, on Wednesday said it had increased its stake in Germany's Commerzbank from 21 percent to around 28 percent amid growing speculation of an attempted buyout.
UniCredit's advances reflect its "belief in Germany, its businesses and its communities, and the importance of a strong banking sector in powering Germany's economic development", said the bank.