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The Bulgarian unit of Italian bank UniCredit has completed a 2.1 billion euro ($2.5 billion) transaction with PGGM, the asset ...
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 ...
Exclusive: Germany working to thwart UniCredit's bid for Commerzbank, sources say. By John O'Donnell and Francesco Canepa. October 11, 2024 4:43 PM UTC Updated October 11, 2024 ...
Unicredit Bulbank, part of Italy's UniCredit Group, said on Monday that that it has signed a 2.1 billion euro ($2.5 billion) ...
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.
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.
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 ...
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 ...
ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last ...
UniCredit has built up a hefty stake in Commerzbank since last year, sparking speculation it could seek to swallow up Germany’s second-biggest lender, in a move that shocked Berlin’s corporate ...
The Bulgarian unit of Italian bank UniCredit has completed a 2.1 billion euro ($2.5 billion) transaction with PGGM, the asset ...
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