The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...

The chief of Italian bank UniCredit is continuing a push to tie up with Commerzbank, writing letters last month to German ...

Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...

Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work.

In addition, UniCredit is one of Europe’s most profitable banks, and it has experience operating in Germany through its ownership of HypoVereinsbank, a Munich-based lender that it acquired in 2008.

Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet. By Valentina Za, Rachel More and Tom Sims. December 18, 2024 4:41 PM UTC Updated December 18, 2024 ...

Germany’s chancellor decries ‘unfriendly attacks’ on banks after UniCredit prepares to raise stake in lender. Skip to Main Content.

MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German ...

Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from ...

The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his case in a letter to Germany's Chancellor Friedrich Merz.

“The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.

“The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.