UniCredit on Wednesday said it likely won voting control of Commerzbank shares, after building its stake to just under 50% in ...
By Tom Sims and Valentina Za FRANKFURT/MILAN, July 8 (Reuters) - One of Europe's most cantankerous banking battles in decades ...
Italy’s UniCredit has secured a 47.6 per cent holding in Commerzbank, bringing chief executive Andrea Orcel within striking ...
Andrea Orcel’s two-year pursuit of Commerzbank AG has taken UniCredit SpA close to securing a majority in the German rival.
MILAN, July 8 (Reuters) - UniCredit has secured 47.6% of Germany's Commerzbank, Italy's second-biggest bank said on Wednesday, after a fraught takeover offer ended earlier this month. Having built a ...
Analysts say that UniCredit could sweeten its spurned all-stock proposal to acquire Italian domestic peer Banco BPM by tacking on a cash component. UniCredit is "more exposed to changes in interest ...
UniCredit CEO Andrea Orcel's lowball Commerzbank offer may leave him with a big stake in his €43 bln prey. But he can’t ...
UniCredit has secured a 47.6% stake in Commerzbank, moving closer to control despite continued opposition from Germany's ...
MADRID - A Madrid court has cut a compensation payout awarded to banker Andrea Orcel over Santander's withdrawal of a CEO job ...
On Wednesday, UniCredit revealed it had built a 9% stake in Frankfurt-based counterpart Commerzbank. Now speculation has shifted to whether a full takeover of Commerzbank by UniCredit is likely.
UniCredit SpA Chief Executive Officer Andrea Orcel said he’ll put his yearslong effort to buy Commerzbank AG on hold if his takeover bid fails to win him control over the lender. “If we do not reach ...
Having shrunk or exited from the more capital-intensive markets businesses half a decade ago, UBS’s right-sized model is one others have tried to follow. Its earlier move has afforded stability of ...
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