Unicredit’s Frenemy
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6 items
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Financial Times - Business
Commerzbank lacks a good defence for UniCredit’s ‘frenemy’ hug
Blocking a richly priced offer purely on ideological grounds could be tricky10 hours ago -
Financial Times - Business
Olaf Scholz says Germany opposes a Commerzbank takeover
Italian lender raised its stake in German rival from about 9 per cent to 21 per cent through derivatives11 hours ago -
CNBC - Business
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the holding to up to 29.9%.16 hours ago -
MarketWatch - Business
UniCredit reaches deal to boost Commerzbank stake
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two ...16 hours ago -
Financial Times - World
Commerzbank warns UniCredit merger is threat to German businesses
German bank says potential multibillion tie-up with Italian rival could hit lending to Mittelstand companies23 hours ago - Germany