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Germany, UniCredit and Commerzbank
Analysis-Germany talks tough but has limited room to halt UniCredit's advance on Commerzbank
Victoria Farr BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political establishment in opposition to his stakebuilding in Commerzbank, the country's second largest lender.
Germany’s Lindner Says UniCredit Rattled Commerzbank Investors
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because UniCredit SpA’s surprise move on the lender had unnerved investors.
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
20h
on MSN
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decries ‘unfriendly attacks’ on banks after UniCredit prepares to raise its stake in the lender.
48m
Can Andrea Orcel be stopped from buying Commerzbank?
When UniCredit bought 9 per cent of Commerzbank this month, the Italian bank’s chief executive Andrea Orcel sought to ...
Politico Europe
10h
Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue ...
5d
German union appeals to Berlin to prevent Commerzbank sale to UniCredit
A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank , warning of massive job ...
1d
Italy Gets Annoyed at German Criticism of Commerzbank Move
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
1d
Commerzbank lacks a good defence for UniCredit’s ‘frenemy’ hug
That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank. The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for ...
1d
on MSN
UniCredit buys further 11.5% of Commerzbank in derivatives as it applies to get to 29.9%
UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to ...
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