Germany's Commerzbank wants formal proposal before UniCredit takeover
Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Commerzbank says UniCredit's approach is hostile and unilateral
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
UniCredit Chief Willing To Walk Away From Commerzbank Bid
Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome.
UniCredit’s Orcel Surprised by German Backlash Over Commerzbank
UniCredit SpA Chief Executive Officer Andrea Orcel said he was surprised by the backlash in Germany over his efforts to ...
UniCredit SpA (UNCFF) Gets a Buy from J.P. Morgan
J.P. Morgan analyst Delphine Lee maintained a Buy rating on UniCredit SpA (UNCFF – Research Report) today and set a price target of €49.00. The ...
Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
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Job cuts report worries employees at Germany's Commerzbank
Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance ...
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Germany's finance minister slams UniCredit's ‘very aggressive' 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. The move by UniCredit, which is ...