UniCredit boosts its stake in Commerzbank, applies to own up to …
WEB8 hours ago · Commerzbank headquarters in the financial district of Frankfurt, Germany, on Sept. 12, 2024. UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and ...
Commerzbank warns UniCredit merger is threat to German …
WEB15 hours ago · Commerzbank’s management has warned the German government that a potential multibillion-euro merger with UniCredit is a threat to businesses that make up the backbone of Europe’s biggest ...
Barclays Helped UniCredit Quietly Build Commerzbank Stake
WEB4 hours ago · Finance. Barclays Helped UniCredit Quietly Build Commerzbank Stake. UK-based lender arranged Commerzbank-linked derivatives. Germany was stunned when UniCredit unveiled 9% stake. UniCredit SpA CEO ...
UniCredit buys 11.5% of Commerzbank in derivatives, seeks …
WEB8 hours ago · Monday's derivatives contract would hand UniCredit a further 11.5% of Commerzbank, in addition to a 9% stake UniCredit disclosed earlier this month. "The physical settlement under the new ...
UniCredit Raises Commerzbank Stake to 21% Amid Berlin …
WEB8 hours ago · UniCredit entered into financial instruments relating to an additional 11.5% stake in Commerzbank, according to a filing by the Italian bank, which already owns about 9% of the German rival.
UniCredit Raises Commerzbank Holding to Around 21% — Update
WEB7 hours ago · Sep 23, 2024 5:05am. By Elena Vardon. Italy's UniCredit increased its holding in Commerzbank to around 21%, pending regulatory approval, in a move that could pit it against resistance in Germany ...
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
WEB12 hours ago · Photo: Krisztian Bocsi/Bloomberg News. Italy’s UniCredit UCG -2.59% moved to buy another big chunk of Commerzbank CBK -0.64%, shrugging off German opposition to a possible takeover and upping ...
UniCredit lifts stake in Commerzbank to 21% - Financial Times
WEB8 hours ago · UniCredit has increased its stake in Germany’s Commerzbank from about 9 per cent to 21 per cent, in a move that could kick-start a hostile bid for the rival lender. The Italian bank said on ...
UniCredit reaches deal to boost Commerzbank stake
WEB8 hours ago · UniCredit said it's entered into a financial instrument to buy another 11.5% of Commerzbank on top of the 9% it acquired during a government auction. It said settlement won't occur for the new ...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the...