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UniCredit, Commerzbank
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 said in a newspaper interview, ruling out any "aggressive" moves such as an unsolicited buyout bid.
Commerzbank, German Government not selling any more shares for now: Unicredit and Deutsche Bank takeover bid halted - FIRSTonline
In a surprise move, the Federal Finance Agency announces that "The federal government will not sell any more Commerzbank shares until further notice."
UniCredit CEO Orcel Says Merger with Commerzbank Could Boost Shareholder Value
UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, strengthening both banks in the German market. Orcel highlighted potential savings in central
1d
on MSN
Analysis-UniCredit's Orcel takes aim at Europe's banking borders with Commerzbank bet
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
9d
UniCredit’s Andrea Orcel swoops on Commerzbank
Italian lender’s purchase of 9% stake in German rival could signal start of long-awaited banking consolidation ...
devdiscourse
2d
Andrea Orcel's Bold Move: Breaking Down Barriers in European Banking
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
KELO
3d
UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...
9d
Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank
Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk ...
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