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Germany on defensive
Germany on the defensive as UniCredit gains some support for Commerzbank talks
Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the German lender called for talks, which are being sought by the Italian bank's CEO Andrea Orcel.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
UniCredit Flagged Commerzbank Interest to Germany Ahead of Move
UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around Germany’s position that it was unaware the move would be coming.
2h
Arguments Against Commerzbank, UniCredit Tie-up 'Unconvincing': Economist
UniCredit's interest in Commerzbank has raised hackles in Germany but a leading economist who chairs a panel advising Chancellor Olaf Scholz's government said Monday the arguments against a potential ...
4d
on MSN
UniCredit overtures hold few fears for Germany's Mittelstand
Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top ...
1d
UniCredit, Commerzebank executives held virtual meeting, reports say
Chief Executive Andrea Orcel met virtually with Commzerzbank (CRZBF)(CRZBY) on Friday after the Italian bank became the ...
2d
Factbox-What Might a Combination of UniCredit and Commerzbank Look Like?
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in ...
5d
Germany does not see legal means to prevent UniCredit takeover, sources say
The German government does not see legal powers it could use to prevent the takeover of Commerzbank by Italy's UniCredit , ...
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