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UniCredit lifts stake in Commerzbank
Orcel Escalates Commerzbank Fight With Surprise Stake Boost
UniCredit SpA Chief Executive Officer Andrea Orcel moved to more than double the lender’s stake in Commerzbank AG, in a dramatic development that’s likely to escalate tensions with the German government.
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the holding to up to 29.9%.
Commerzbank, UniCredit shares fall as Germany plans to keep 12% stake
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with Italy's UniCredit on hold.
3h
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
1d
Andrea Orcel, Commerzbank and the redemption trade
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
EURACTIV
2h
Scholz shuts door to UniCredit after ‘unfriendly attack’ on Commerzbank
German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival ...
Politico Europe
1h
Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue ...
Opinion
13h
Opinion
UniCredit Did a Commerzbank Trade
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
16h
Scholz Condemns UniCredit’s ‘Unfriendly’ Commerzbank Move
Tensions between Germany and UniCredit SpA burst into the open Monday as the government said it opposes a takeover of ...
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Related topics
Germany
UniCredit
Italy
Europe
Olaf Scholz
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